Airbnb to shut domestic business in China from July 302 min read . Updated: 24 May 2022, 03:40 PM IST
- Airbnb joins a series of foreign internet companies including Yahoo Inc. and eBay Inc. that pulled out of China after running into fierce local competition and regulatory barriers.
Airbnb Inc. announced Tuesday it will stop representing short-term rental properties in China and focus its business in the country on serving Chinese tourists looking for lodgings abroad.
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