As a crucial part of the sharing-economy, home sharing industry has been accelerating exponentially in the past couple of years. China gets a fair share of home-rental startups and Xiaozhu is one of them. TechNode (in Chinese) got a chance to speak with Chen Chi, CEO of the company, on a variety of topics from Airbnb acquisition rumor, the prospect of home sharing industry and competition in the market.

A previous Bloomberg report sparked a lot of speculation on Airbnb’s possible acquisition of its Chinese equivalent. The news agency cited people with knowledge of the matter that Airbnb in talks to acquire Xiaozhu to expand in China’s home rental sharing market. Other media reported that Airbnb gave up the deal because they think Xiaozhu lacks attraction for high-end customers.

Chen Chi has confirmed that the two companies have had lots of talks on different levels on business development and technological cooperation, but he said that’s all. Their talks never moved to capital cooperation.

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Emma Lee

Emma Lee is Shanghai-based tech writer, covering startups and tech happenings in China and Asia in general. We are looking for stories related to tech and China. Reach her at lixin@technode.com.