Airbnb made public filings on Tuesday showing that its acquisition of AI company GamePlanner.AI was paid partially with stock valued at about $104.5 million.
Brazil is a huge market, as are airline tickets, for Despegar. A rival with an alleged Ponzi scheme for selling airline tickets wasn't really fair competition.
The problem surfaced in late Summer — Booking.com's short-term rental hosts in Europe, Asia-Pacific and Latin America cited financial hardships because the company wasn't paying them for guest stays.