Airbnb Pulling Out of China Thanks to Stiff Competition From Super-Apps
and several other news outlets. The company will officially shut down in the country starting July 30,“We have made the difficult decision to refocus our efforts in China on outbound travel and suspend our homes and Experiences of Hosts in China, starting from July 30, 2022,” Airbnb said in a WeChat post on Tuesday, according to an English language translation by Reuters.
Roughly 150,000 property listings are expected to be purged from Airbnb by the end of July, according to theCuriously, the decision to exit the Chinese market hasn’t yet been formally announced outside of a WeChat post, and when reached for comment late Monday, Airbnb public affairs officer Christopher Nulty declined to comment on the record about the pullback from China.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Airbnb to take down its listings in ChinaIt's another example of a U.S. company finding the costs and risks of operating in the Chinese market as outweighing the benefits.
Baca lebih lajut »
Airbnb to shut down domestic operations in China | EngadgetListings for homes and Airbnb Experiences will cease by this summer..
Baca lebih lajut »
Airbnb says will shut domestic business in China from July 30Vacation rental firm Airbnb Inc said on Tuesday it will shut down all listings and experiences in China from July 30.
Baca lebih lajut »
Airbnb to Quit China Business as Harsh Lockdowns, Competition Weigh on DemandThe home-sharing company plans to shut its domestic operations in the country, but continue to serve Chinese travelers booking overseas properties.
Baca lebih lajut »
Rural Texas Airbnb hosts earned more than $115 million in 2021: reportAcross the country, Airbnb Hosts in rural counties in the earned nearly $3.5 billion over the year. Texas hosts alone, in rural counties, earned more than $115 million in 2021.
Baca lebih lajut »
Breakingviews - Didi stock becomes an option on China techBrave investors might salvage value from Didi Global's wreckage. Shareholders voted to delist China's ride-hailing firm from the New York Stock Exchange, capping a disastrous 11-month journey that wiped 90% off Didi’s valuation since its initial public offering.
Baca lebih lajut »