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Airbnb expands services with local tours activities

In its biggest strategic shift to date, Airbnb (Private:AIRB) is launching tours and immersive trips in a dozen cities. Booking flights, renting cars and concierge services such as restaurant reservations and grocery delivery will also be offered, pushing the company towards becoming an all-inclusive travel platform. Airbnb had about $900M in revenue last year from its accommodation business alone.

The Associated Press (11/17)

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