Airbnb to shut domestic business in China from July 30

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HONG KONG/SHANGHAI - Vacation rental firm Airbnb Inc said on Tuesday (May 24) it will shut down all listings and experiences in mainland China from July 30, joining a long list of Western internet platforms that have opted out of the China market. The company made the announcement in a letter posted to its official WeChat account addressed to its...

HONG KONG/SHANGHAI - Vacation rental firm Airbnb Inc said on Tuesday it will shut down all listings and experiences in mainland China from July 30, joining a long list of Western internet platforms that have opted out of the China market.

“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,” Nathan Blecharczyk, co-founder of Airbnb, wrote in the letter.

 

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