Airbnb Exits China Amid Regulatory Challenges

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The Most Important Thing

risk is largely a matter of opinion

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Jozhe

·4 years ago
shared a link post in group #The Most Important Thing
Airbnb is leaving China. Kind of surprised that China represents just 1% of their revenues
Airbnb is closing its domestic business in China, sources say
www.cnbc.com

Airbnb is closing its domestic business in China, sources say

All mainland Chinese listings — homes and experiences — will be taken down by this summer.

 
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Nathan

(Genuine question)

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Nathan

I usually use 去哪儿 or 飞猪. Feel like it’s ...
Understandable business decision, but too bad for the small foreign community left here. Many places on 携程 途家 etc that are not in overtly touristy places don’t accept foreigners.

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Nathan

(ie, cool villas in the Beijing mountains)

 
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Chris Nheu

Understandable business decision, but to...
That’s true… :/

 
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D J

Excellent (from Nov) analysis of the issues Airbnb faced by doing business with China, and especially in China. the facts laid out by here give a great sense of how complicated these sorts of issues are and of how thin the needle Western companies must thread to continue doing business with China. If you read it, I guess your reaction may be like mine, which is “yeah, now I totally understand why AirBnb chose to get out of China.” axios.com/2021/11/30/airb..
Airbnb hosts Xinjiang rentals on land owned by sanctioned group

www.axios.com

Airbnb hosts Xinjiang rentals on land owned by sanctioned group

The listings expose Airbnb to regulatory risk under U.S. law.

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