Airbnb shares jump on strong quarterly results, expansion plans

Airbnb Shares: Airbnb's shares surged 13.3 per cent in premarket trade as it surpassed Wall Street's Q4 expectations, driven by strong international travel demand, notably from Asia and Latin America. Nights booked by Chinese tourists increased by 25 per cent, and Airbnb plans further expansion, aiming to launch new businesses annually. Analysts foresee significant growth potential over the coming years.