Airbnb $1.5 Billion Funding Deal Attracts Chinese Investor at $24 Billion Valuation


Skift Take

Airbnb needs to go local in China and bringing on board investors with ample roots and experience in China is a savvy move.
Airbnb is closing in on a $1.5 billion fundraising round at a $24 billion valuation that would attract new investors, including China-based Hillhouse Capital, which is also leading an investment in Uber,, according to a published report. The Financial Times reports that "Airbnb is on the brink" of agreeing to the $1.5 billion round, whi