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Update: On November 18th, Airbnb confirmed in a press release that the home-sharing platform would be partnering with the Olympics. The nine-year deal will include both Airbnb Experiences and home-sharing. The Financial Times reported that the deal was worth $500 million.
Airbnb is planning to enter into a global sponsorship deal with the International Olympic Committee, according to sources speaking with Sports Business Daily.
The sponsorship is expected to run through the 2028 Olympic Games in Los Angeles, Sports Business Daily reported.
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