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Airbnb, DoorDash set to report first results with COVID waning

Airbnb, DoorDash set to report first results with COVID waning Katrina Lewis and Brody Ford, Bloomberg News Unicorn IPOs cap off tech s big year VIDEO SIGN OUT (Bloomberg) Airbnb Inc. and DoorDash Inc. are set to report their first financial results as publicly traded companies Thursday, offering investors a glimpse of how their businesses fared during the last quarter of 2020 when COVID-19 cases were surging again. While the fourth-quarter numbers will be important for investors to gauge how the two are managing their operations, what theyâll really be looking for are comments about the future, when coronavirus lockdowns ease, vaccines become more widespread and people begin traveling and going to restaurants again. Airbnb is expected to benefit from the waning days of the pandemic as people venture further from home while DoorDash has seen a boom from more delivery orders while people ordered in.

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Airbnb Valuation Reaches $100 Billion in Trading Debut Surge

Airbnb Valuation Reaches $100 Billion in Trading Debut Surge Bloomberg 12/11/2020 Olivia Carville, Katie Roof and Crystal Tse © Bloomberg Brian Chesky, co-founder and chief executive officer of Airbnb Inc., top, Joe Gebbia, co-founder and chief product officer of Airbnb Inc., left, and Nathan Blecharczyk, co-founder and chief strategy officer of Airbnb Inc., speak virtually during the company s initial public offering (IPO) at the Nasdaq MarketSite in New York, U.S., on Thursday, Dec. 10, 2020. (Bloomberg) Airbnb Inc. shares more than doubled in their trading debut, propelling the home-rental company to about a $100 billion valuation and one of the biggest first-day rallies on record.

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Airbnb Valuation Tops $100 Billion in Trading Debut Surge

Airbnb Valuation Tops $100 Billion in Trading Debut Surge
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