In Airbnb’s first financial report as a public company, the home-sharing site has posted a loss of $3.9 billion for the fourth quarter of 2020. The home-sharing business was hurt by the pandemic downturn in travel and recorded costs for becoming a public company. It’s taking a charge of $2.8 billion for stock compensation related to the IPO. A year earlier, Airbnb lost $352 million. Revenue is down 22% from a year ago, to $859 million. But revenue is declining by much bigger percentages at rivals like Expedia and Tripadvisor.
