Airbnb's revenue in June quarter fell by 67% y-o-y: Report

Airbnb's revenue for the June quarter fell by 67% year-on-year to $335 million, Bloomberg reported. It recorded an adjusted loss of $400 million compared to $341 million in the previous quarter. However, it plans to file for an IPO later this month. It had earlier planned an IPO in March but it was put on hold due to COVID-19.