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VIEW EVENT INFORMATION: Airbnb |
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Airbnb Buys German Clone Accoleo, Opens First European Office In Hamburg |
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About the organization Airbnb: Type: Business Sub-Types: Website, Social Networking Agent, Hospitality, Lodging, Application Software, Telecommunication, Telecommunication Software, Internet |
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Notable Organizations: Airbnb, Techcrunch |
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Airbnb just raised $100 million at a $1 billion valuation, and it’s using some of that cash (and/or stock) to acquire a German ‘equivalent’ dubbed Accoleo. This move signals Airbnb’s willingness to expand worldwide – the startup will establish its first European office in Hamburg, Germany.
Coincidentally, one of its main rivals in Europe, venture-backed 9flats… |
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