Airbnb raises a**ther $850 million
 

Airbnb raises a**ther $850 million
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Airbnb is raising a**ther $850 million, valuing the company at $30 billion, Bloomberg reported.*

The news stems from a late July filing in Delaware.*

One year ago, the sharing eco**my powerhouse was worth $25.6 billion, according to Equidate.*

**t including its most recent influx of cash, Airbnb has raised $2.39 billion since its 2008 launch. The additional $850 million brings that to just over $3.2 billion.*

The funding round is also part of a continued effort to avoid going public, the Wall Street Journal **ted.*

And comes at a time when Airbnb, which lets members rent out and book each other's rooms or homes while traveling, is still battling with cities like San Francisco over its ever-growing presence and subsequent effects on the housing and hotel markets. More and more cities and states are **w trying to tax Airbnb, too.* Read more...

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