Airbnb lowers internal valuation to $26 billion as coronavirus hits bookings - source
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(Reuters) - Airbnb lowered its internal valuation by 16% to $26 billion (21 billion pounds), as the U.S. home rental firm grapples with a slowdown in bookings due to the global spread of the coronavirus pandemic, a source familiar with the matter told Reuters on Thursday.Airbnb was valued at $31 billion in its most recent private fund-raising round, the source said.With the coronavirus spreading across the globe, thousands of travellers have called off plans for vacations, work trips and family..