MemGPT/example-sec-filings · Datasets at Hugging Face

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We operate in a highly competitive environment. As we seek to expand our
community globally, we face competition in attracting Hosts and guests.

Competition for Hosts

We compete to attract and retain Hosts to and on our platform to list
their homes and experiences, as Hosts have a range of options for doing
so. We compete for Hosts based on many factors including the volume of
bookings generated by guests, ease of use of our platform, the service
fees we charge, Host protections, such as those included in AirCover for
Hosts, and our brand.

Competition for Guests

We compete to attract and retain guests to and on our platform, as
guests have a range of options to find and book accommodations and
experiences. We compete for guests based on many factors, including
unique inventory and availability of listings, the value and all-in cost
of Host offerings on our platform relative to other options, our brand,
ease of use of our platform, the trust and safety of our platform, and
community support.

Our competitors include:

•Online travel agencies ("TAs", such as Booking Holdings (including the
brands Booking.com, KAYAK, Priceline.com, and Agoda.com); Expedia Group
(including the brands Expedia, Vrbo, HomeAway, Hotels.com, Orbitz, and
Travelocity); Trip.com Group (including the brands Ctrip.com, Trip.com,
Qunar, Tongcheng-eLong, and SkyScanner); Hopper; Meituan Dianping;
Fliggy (a subsidiary of Alibaba); Despegar; MakeMyTrip; and other
regional OTAs;

•Internet search engines, such as Google, including its travel search
products; Baidu; and other regional search engines;

•Listing and meta search websites, such as TripAdvisor, Trivago,
Mafengwo, AllTheRooms.com, Hometogo, Holidu, and Craigslist;

•Hotel chains, such as Marriott, Hilton, Accor, Wyndham,
InterContinental, OYO, and Huazhu, as well as boutique hotel chains and
independent hotels;

•Property management companies, such as Vacasa, Sonder, Inspirato,
Evolve, Awaze, and other regional property management companies; and

•Online platforms offering experiences, such as Viator, GetYourGuide,
Klook, Traveloka, TUI Musement, and KKDay.

Our Intellectual Property

Our intellectual property is an important component of our business. To
establish and protect our proprietary rights, we rely on a combination
of patents, trademarks, copyrights, domain names, social media handles,
know-how, license agreements, confidentiality procedures, non-disclosure
agreements with third parties, employee disclosure and invention
assignment agreements, and other intellectual property and contractual
rights.

We have a substantial patent portfolio, consisting of issued patents and
pending patent applications from the United States and multiple foreign
jurisdictions. The portfolio includes both organically grown patent
assets and a large number of assets acquired from IBM as part of a

6

2020 patent litigation settlement. We own a trademark portfolio with
protections in more than 170 countries in which we currently operate for
our primary brands ---AIRBNB and our Béo logo. Additionally, we own
trademark protections around the world for other brands or protectable
brand elements important to our business, including but not limited to
Rausch, our primary corporate color, localizations, translations, and
transliterations of our primary brands, and brands associated with
businesses we have acquired. We have registered domain names that we use
in or relate to our business, such as the airbnb.com domain name and
country code top level domain name equivalents.

Available Information

Our website address is www.airbnb.com. Information contained on, or that
can be accessed through, our website does not constitute part of this
Annual Report on Form 10-K. The U.S. Securities and Exchange Commission
("EC" maintains an Internet site that contains reports, proxy and
information statements, and other information regarding issuers that
file electronically with the SEC at www.sec.gov. Our Annual Report on
Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K
and amendments to reports filed or furnished pursuant to Sections 13(a)
and 15(d) of the Securities Exchange Act of 1934, as amended, (the
"xchange Act" are also available free of charge on our investor
relations website (investors.airbnb.com) as soon as reasonably
practicable after we electronically file such material with, or furnish
it to, the SEC.

We webcast our quarterly results calls and certain events we participate
in or host with members of the investment community on our investor
relations website. Additionally, we provide notifications of news or
announcements regarding our financial performance, including SEC
filings, investor events, and press and earnings releases, as part of
our investor relations website. The contents of these websites are not
intended to be incorporated by reference into this report or in any
other report or document we file.

We operate in a highly competitive environment. As we seek to expand our

community globally, we face competition in attracting Hosts and guests.

*Competition for Hosts*

We compete to attract and retain Hosts to and on our platform to list

their homes and experiences, as Hosts have a range of options for doing

so. We compete for Hosts based on many factors including the volume of

bookings generated by guests, ease of use of our platform, the service

fees we charge, Host protections, such as those included in AirCover for

Hosts, and our brand.

*Competition for Guests*

We compete to attract and retain guests to and on our platform, as

guests have a range of options to find and book accommodations and

experiences. We compete for guests based on many factors, including

unique inventory and availability of listings, the value and all-in cost

of Host offerings on our platform relative to other options, our brand,

ease of use of our platform, the trust and safety of our platform, and

community support.

Our competitors include:

•Online travel agencies ("TAs", such as Booking Holdings (including the

brands Booking.com, KAYAK, Priceline.com, and Agoda.com); Expedia Group

(including the brands Expedia, Vrbo, HomeAway, Hotels.com, Orbitz, and

Travelocity); Trip.com Group (including the brands Ctrip.com, Trip.com,

Qunar, Tongcheng-eLong, and SkyScanner); Hopper; Meituan Dianping;

Fliggy (a subsidiary of Alibaba); Despegar; MakeMyTrip; and other

regional OTAs;

•Internet search engines, such as Google, including its travel search

products; Baidu; and other regional search engines;

•Listing and meta search websites, such as TripAdvisor, Trivago,

Mafengwo, AllTheRooms.com, Hometogo, Holidu, and Craigslist;

•Hotel chains, such as Marriott, Hilton, Accor, Wyndham,

InterContinental, OYO, and Huazhu, as well as boutique hotel chains and

independent hotels;

•Property management companies, such as Vacasa, Sonder, Inspirato,

Evolve, Awaze, and other regional property management companies; and

•Online platforms offering experiences, such as Viator, GetYourGuide,

Klook, Traveloka, TUI Musement, and KKDay.

Our Intellectual Property

Our intellectual property is an important component of our business. To

establish and protect our proprietary rights, we rely on a combination

of patents, trademarks, copyrights, domain names, social media handles,

know-how, license agreements, confidentiality procedures, non-disclosure

agreements with third parties, employee disclosure and invention

assignment agreements, and other intellectual property and contractual

rights.

We have a substantial patent portfolio, consisting of issued patents and

pending patent applications from the United States and multiple foreign

jurisdictions. The portfolio includes both organically grown patent

assets and a large number of assets acquired from IBM as part of a

6

2020 patent litigation settlement. We own a trademark portfolio with

protections in more than 170 countries in which we currently operate for

our primary brands ---AIRBNB and our Béo logo. Additionally, we own

trademark protections around the world for other brands or protectable

brand elements important to our business, including but not limited to

Rausch, our primary corporate color, localizations, translations, and

transliterations of our primary brands, and brands associated with

businesses we have acquired. We have registered domain names that we use

in or relate to our business, such as the airbnb.com domain name and

country code top level domain name equivalents.

Available Information

Our website address is www.airbnb.com. Information contained on, or that

can be accessed through, our website does not constitute part of this

Annual Report on Form 10-K. The U.S. Securities and Exchange Commission

("EC" maintains an Internet site that contains reports, proxy and

information statements, and other information regarding issuers that

file electronically with the SEC at www.sec.gov. Our Annual Report on

Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K

and amendments to reports filed or furnished pursuant to Sections 13(a)

and 15(d) of the Securities Exchange Act of 1934, as amended, (the

"xchange Act" are also available free of charge on our investor

relations website (investors.airbnb.com) as soon as reasonably

practicable after we electronically file such material with, or furnish

it to, the SEC.

We webcast our quarterly results calls and certain events we participate

in or host with members of the investment community on our investor

relations website. Additionally, we provide notifications of news or

announcements regarding our financial performance, including SEC

filings, investor events, and press and earnings releases, as part of

our investor relations website. The contents of these websites are not

intended to be incorporated by reference into this report or in any