Nathan Blecharczyk, co-founder and chief technique officer of Airbnb Inc., speaks throughout a information convention in Tokyo, Japan, on Thursday, June 6, 2019.
Akio Kon | Bloomberg | Getty Photographs
Airbnb is closing its home enterprise in China, in line with two sources acquainted with the matter. The corporate is planning to inform staff within the nation as early as Tuesday morning in Beijing.
All mainland Chinese language listings — properties and experiences — will likely be taken down by this summer season.
Airbnb formally launched its mainland China enterprise in 2016 and has confronted mounting competitors from home gamers.