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Airbnb booked over $1 bn as it prepares for IPO

Airbnb says quarterly revenue topped $1 bn. [Photo: AFP]

Airbnb said Friday it took in more than a billion dollars in revenue in the past three months, calling it the best quarter ever for the home-sharing giant as it readies a stock market offering.

"The third quarter of 2018 was the strongest quarter in Airbnb history, and the first quarter in which Airbnb recognized substantially more than $1 billion in revenue," the company said in a memo shared with AFP.

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