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August 4, 2022

Airbnb posts 2Q profit of $379M on record bookings

By DAVID KOENIG
AP Business Writer

Airbnb said Tuesday that it earned $379 million in the second quarter on record bookings and rising rates, and the short-term rental giant announced a plan to spend up to $2 billion to buy its own stock.

The results showed a reversal from losses in the second quarter of both last year and 2019.


 
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