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Airbnb Could Be Valued at More Than $10 Billion in New Round

Airbnb is in talks to raise funding that could value the company at $10 billion or more, according to a source familiar with the matter, confirming a report in The Wall Street Journal. The round being discussed may come in large part from private equity firm TPG and be worth $400 million to $500 million. Airbnb declined to comment.

This article originally appeared on Recode.net.