Airbnb posts $3.9 billion loss in its first report as a public company

The US-headquartered home-sharing marketplace Airbnb posted a $3.9 billion loss during the December quarter against a loss of $351 million in the same period a year earlier. The quarterly result declared by the company was its first after it went public in December last year. The company, however, said it expects a rebound in travel with the vaccine roll-out.