Online room-renting service portal Airbnb raised $1billion in latest Funding Operation and became Valued at $31billion.The Company Initially raised $447.85 million as a part second of the funding round and raised $555 million in September fundraising.
Airbnb, now expands its operating chain to 65000 cities and enjoys tremendous growth in its global expansion project. The Company is having a tussle with the regulators who accused the company services of taking the affordable housing off the market & booming up the rental cost.
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