Airbnb’s co-founder and chief technical officer, Nate Blecharczyk stated that, the start-up is looking beyond its roots, and is focusing in figuring out how to use the service to sell other products to its millions of users in nearly 200 countries.
“Bottom line, it could eventually be anything, whether you want to book a dinner reservation or plane tickets or whatever we can take your money . . . and we can route it appropriately,” said Blecharczyk. “It’s definitely something we’re actively working on.”
Behind the company’s move beyond flat-sharing and towards more standard travel services is the ecommerce platform that the site runs on. It can handle nearly 70 currencies – far more than most ecommerce sites – and has credit card or bank information for all of its users.
The growth of ecommerce has spurred companies from Apple to Google to look at ways to take advantage of the banking details they hold for their tens of millions of users.
Airbnb, Blecharczyk argued, had an advantage in using its user data to expand the service because it knew when a person was travelling and – because tourists were predictable – what they were likely to want.
While the company had not yet settled on how it would expand its offering, Blecharczyk said, ultimately the expansion itself would help the company figure out where to go next.
“The more stuff that we handle, the more data we’re able to collect about what it is that you are in the market for,” he said.
The above article was sourced from Tech Hub, and can be read in its entirety by clicking here.