China’s O2O giant Meituan announced yesterday the launch of its homestay business – Zhenguo Homestay (榛果民宿 in Chinese), taking another step to branch out into more O2O verticals, local media is reporting (in Chinese).

The homestay service has listed some properties in tier-one cities as well as some popular travel destinations on its app and plans to increase its housing supply to 150,000 properties by the end of this year.

Zhenguo Homestay is attracting individual landlords to share their vacant apartments on its platform, noted Feng Weihe, head of the home-rental service. Most of these will be whole-apartment rentals rather than renting out individual rooms in order to better address possible trust issues, Feng added.

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Sheila Yu

Sheila Yu is a Shanghai-based technology writer. She brings readers the biggest news from Chinese language tech media. Reach her at sheila@technode.com.