Belarus and Russia operations are being suspended by Airbnb.

Belarus and Russia operations are being suspended by Airbnb.
Belarus and Russia operations are being suspended by Airbnb.
  • As companies continue to boycott Russia following its invasion of Ukraine, Brian Chesky, the CEO and co-founder of the company, announced the move on Twitter late Thursday.
  • The impact of the move on Airbnb's bottom line may not be significant, as most airlines have stopped flying to Russia in recent days.
  • Some individuals are reserving Airbnb accommodations in Ukraine, even though they have no plans to stay there, solely to aid the hosts in the country.
After Hours
Brian Chesky, CEO of Airbnb.
Brian Chesky, CEO of Airbnb. (Getty Images)

Home-sharing platform is suspending all operations in Russia and Belarus.

As companies continue to boycott Russia following its invasion of Ukraine, Brian Chesky, the CEO and co-founder of the company, announced the move on Twitter late on Thursday.

Airbnb has announced that it will temporarily halt new bookings in Belarus and Russia and restrict users from both countries from making new reservations as guests.

The impact of the move on Airbnb's bottom line may not be significant, as most airlines have stopped flying to Russia in recent days.

Airbnb announced on Monday that it would provide free temporary housing for up to 100,000 refugees escaping Ukraine. The company will finance these stays with the help of Airbnb hosts and contributions to the Airbnb.org Refugee Fund.

Some individuals are reserving Airbnb accommodations in Ukraine, even though they have no plans to stay there, solely to aid the country's hosts.

The Quentin Quarantino Instagram account, with its 898,000 followers, started a movement by making memes to raise funds for charitable causes.

An idea to support Ukraine by booking Airbnb rooms was shared on Twitter yesterday, and within 24 hours, hundreds of people began booking Airbnbs in Ukraine as a way to send immediate financial aid to those affected. The responses from the hosts were heartwarming.

Tech companies in Silicon Valley, whose products are globally popular, are attempting to disassociate themselves from Russia. In response, announced on Tuesday that it has stopped selling its products in Russia, prompting other smartphone manufacturers, including Samsung, to follow suit.

According to a report from The New York Times on Thursday, Google has suspended advertising in Russia. Google did not immediately respond to a CNBC request for comment.

by Sam Shead

technology