Airbnb Suspends Operations In Russia, Belarus

March 4, 2022 8:05 AM | 1 min read |

Home rental company Airbnb Inc ABNB suspended its operations in Russia and Belarus, CEO Brian Chesky tweeted.
Multiple U.S. conglomerates aligned with sanctions on Russia by restricting their services post its invasion of Ukraine.
The conglomerates include Facebook parent Meta Platforms Inc FB, Apple Inc AAPL, Alphabet Inc GOOG GOOGL Google followed by the likes of Netflix Inc NFLX, Spotify Technology S.A. SPOT and many more.
Price Action: ABNB shares traded lower by 2.56% at $147.80 in the premarket on the last check Friday.