Home-renting marketplace Airbnb raises $1 billion

US-based home-renting marketplace Airbnb has raised $1 billion in equity and debt funding from private equity firms Silver Lake and Sixth Street Partners. The startup recently saw the bookings on its platform decline due to lockdowns across the world amid the COVID-19 pandemic. Airbnb earlier said it plans to go public in 2020, which as per reports may not happen.

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