Property rental company Airbnb announced on June 3 that it will facilitate the shift of its housing and host data to several Chinese domestic rental platforms before it shuts down operations in Chinese mainland from the end of July.
Airbnb announced plans to suspend reservations for domestic services in China from July 30, 2022. For hosts in China using Airbnb, Chinese local homestay platforms have quickly taken responsive measures.
Pandaily has learned from sources that Airbnb is going to stop its operations in mainland China on July 30 and will lay off about 60 local employees.
On Jan. 18, vacation rental online marketplace company Airbnb’s China branch held an online press conference to launch the “Airbnb China Host Community Report 2020” and announce the winners of the Bélo Awards 2020.
Airbnb China today announced the appointment of Siew Kum Hong to the role of Chief Operating Officer (COO), effective on June 30.
American tourism experiences platform Airbnb is laying off about 25% of its workforce as the COVID-19 pandemic halts the travel industry and threatens the company's core business.
Airbnb China launched a series of new initiatives to help the local community recover from the COVID-19 outbreak.
The COVID-19 a disastrous time for travel-related businesses, as well as all the other service-related industries. Non-essential travel plans have been mostly canceled, all travel platforms are experiencing huge losses due to trip cancelations.
“2019 was the year when Airbnb fully penetrated into the Chinese market,” said Peng Tao, at the online lodging platform’s media event.
If Yun Fei hadn't found the hidden camera in the Airbnb apartment, he would probably find leaked videos of himself on porn sites.
Tujia.com, Airbnb’s equivalent in the China market, denied the rumor of a possible merger on June 1, stating that the two short-term rental service platforms have not been in any form of contact.
2017 has seen the rise and fall of numerous new technologies and business models, stunning and mediocre products, and the rise and collapse of tech giants. At the end of the year, Tencent launched into the Top 10 companies in technology industry.
Nathan Blecharczyk, co-founder and chief strategy officer of Airbnb, made his first media appearance since he was appointed president of Airbnb China. Airbnb has 150,000 listings in China and aims to make China Airbnb’s largest market in the world by 2020, he said.
Xiaozhu announced it raised $120 million during its E-round financing on November 1. YF Capital led the round, and existing shareholders, such as JOY Capital, Morningside Venture Capital and Capital Today, increased their stake. TH Capital is Xiaozhu’s only financial adviser.
Ge Hong, Airbnb’s global vice president and China president, has resigned. The company said Xiao Jinhong will take the role until a suitable replacement can be found. The news follows an announcement that Airbnb co-founder Nathan Blecharcwyk would assume the position as China president.