Airbnb withdraws from China

BEIJING (AP) — Airbnb Inc. announced on Tuesday that it will stop representing short-term rental properties in China and focus its business in China to serve Chinese tourists looking for accommodation abroad.

Airbnb became Yahoo Inc., which withdrew from China after facing fierce local competition and regulatory barriers. and a series of foreign Internet companies including eBay Inc.

Nathan Blecharczyk, Airbnb China’s chief strategy officer, said in a statement: “We have decided to refocus our efforts in China on international travel and to suspend the home and host experience in China effective July 30, 2022. “I made a difficult decision,” he said. on social media accounts.

According to Blecharczyk’s statement, the homeowner represented by Airbnb has had over 25 million guests since 2016.

The Chinese government has blocked visits from foreign tourists since the outbreak of the pandemic in early 2020 and told the Chinese public to avoid travel abroad that is not essential for business or study.


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