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Airbnb raises $1B in funding

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Eyed as a potential company to go public, Airbnb is raising significant sums of money as a private entity.

In its latest financing round, the company pulled in over $1 billion, according to a U.S. Securities and Exchange Commission filing.

The latest funding values the short-term rental company at $31 billion, according to a source familiar with the matter.

Read more from CNN.


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