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Can someone explain the 'on' in this statement?

>> Airbnb does not publish the number of properties featured on the service but has confirmed today that it currently has around 110,000 listed -- around half of those on rival rental service HomeAway. >>

Does that mean that half their rentals are not exclusive, and are listed on both,

or

Does that mean that they list half of their on HomeAway?



Number of listings on AirBnb == (1/2)*Number of listing on HomeAway


Thanks, that makes the current 1B valuation proposition even more unsettling. Does this suggest that HomeAway has a 2 B dollar valuation?


Apparently, yes:

"HomeAway Prices IPO Between $24 And $27 Per Share, Now Valued At $2 Billion" http://techcrunch.com/2011/06/16/homeaway-prices-ipo-between...


Well the valuation isn't for the number of listings alone. I would imagine (though I don't, in all honesty, know) that AirBnb has a far steeper upward trajectory than HomeAway at this point.


You know how people say you should never use bare "this" or "these" or "those" in your writing? This question shows why, because it leaves ambiguity.




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