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Airbnb Profitable For Two Years Straight As It Heads For Public Markets

Airbnb today announced a number of milestones which include being profitable for a second year on an EBITDA (earnings before interest, taxes, depreciation and amortization) basis in 2018. This counts as a plus as the company heads for an IPO reported to be taking place this year.

It also says it's on track to hit 500 million guest arrivals on its platform by the end of Q1 this year. While specific figures are not provided, the company exceeded its 2017 projections with $93 million in profit on $2.6 billion in revenue, Bloomberg says with CEO Brian Chesky promising a public offering before 2020 when some employee stock grants expire.

This month, longtime Amazon executive Dave Stephenson joined the company as chief financial officer, a key role in preparation for an IPO after its previous CFO Laurence Tosi left last year amid a disagreement with Chesky.

“He (Dave Stephenson) will use his experience in growing large businesses quickly at scale to ensure we are investing for both gro…

Nissan's new NissanConnect infotainment system is bundled with its updated Qashqai crossover

Nissan

As Nissan aims to improve mobility for all of its new offerings with new connected features set for them, The auto manufacturer has made its all-new infotainment system which packs significantly advanced functionality for the new version of its Qashai crossover vehicle.

NissanConnect is built to further enhance the relationship between the driver and vehicle with easy integration of smartphones with the vehicle to provide for interactive features, the ability to download Over The Air (OTA) map and software updates and several other benefits.

The Qashai crossover
Nissan

Features of the new NissanConnect include:
  • Single line search : a function embedded for the navigation system which speeds up and makes the process of finding a location more easier
  • Voice recognition : This allows for voice control of several features which include making phone calls, controlling the music and having messages read out
  • A fully customizable home screen for a personalized experience
  • Premium Traffic powered by TomTom : which provides accurate real-time traffic information for on-the-go movement which caters for minimization of journey time
  • 3D Maps : for enhanced map quality in addition to multi-touch capability to zoom in and out for enhanced detail or a wider view
  • Door to Door Navigation which can be downloaded from the app store and makes for better functionality such as planning routes on the phone before the journey begins.
  • and Apple Carplay and Android Auto standard functionality.
Nissan

Access for the new infotainment system is done via a seven-inch touch-screen head unit integrated into the dashboard. The new dashboard is the same as before although with fewer hard keys and the new multi-touch capability.

The display has also been redesigned to show additional information when receiving phone calls or SMS text messages and also to showcase turn-by-turn route guidance.



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