Subscribe to the TechNode Briefing Newsletter

Every Wednesday and Friday, TechNode’s Briefing newsletter delivers a roundup of the most important news in China tech, straight to your inbox.

Subscribe to TechNode Briefing Newsletter

Every Wednesday and Friday, TechNode’s Briefing newsletter delivers a roundup of the most important news in China tech, straight to your inbox.

OR

By signing up, you agree to our Terms and Conditions.

Thank you for registering!
Check your email for a confirmation link.

Subscribe to TechNode Briefing Newsletter

Every Wednesday and Friday, TechNode’s Briefing newsletter delivers a roundup of the most important news in China tech, straight to your inbox.

Support Us

Your support helps TechNode continue to provide credible, on-the-ground journalism and industry insights about the Chinese tech industry.

$
$
$

Your contribution is appreciated.

Paying the transaction fee is not required, but it directs more money in support of our mission.
Posted inNews Feed

Airbnb shuts domestic rental business in China: report

Airbnb is closing its accommodation listings and services in China, CNBC reported on Monday, citing people familiar with the matter. The US home rental giant is instead choosing to focus on outbound Chinese tourism after operating in the country for six years, according to the report. China’s tourism services, including home rental platforms like Airbnb and travel booking sites such as Trip, are reeling from the impact of the country’s stringent Covid prevention measures and multiple lockdowns. Fierce competition from local rivals such as Tujia and Xiaozhu are also contributing factors in Airbnb’s retreat from China. The company’s withdrawal marks another significant retreat of a US tech giant from China, following in the footsteps of Linkedin, Amazon, and Google. [CNBC]

We've recently sent you an authentication link. Please, check your inbox!

Sign in with a password below, or sign in using your email.

Get a code sent to your email to sign in, or sign in using a password.

Enter the code you received via email to sign in, or sign in using a password.

OR

By signing up, you agree to our privacy policy.