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China sovereign fund CIC takes a stake in Airbnb

03/12/2017|4:10:32 PM|

China’s sovereign wealth fund CIC subscribed to roughly 10% of a USD 1 billion funding round disclosed by Airbnb in a filing with US securities regulators, reported Sky News.

Airbnb said in talks to buy China homestay rival Xiaozhu

11/24/2016|10:27:41 AM|

Airbnb is reportedly in talks to acquire Xiaozhu.com as the US home-sharing giant is grappling with more established local rivals in China.

Can business travel thrive in the sharing economy?

09/02/2016|8:24:14 PM|

China's sharing economy still has a long way to go in terms of trust.

Xiaozhu.com transactions reach 100 million RMB despite doubts of its “Copy to China” strategy

09/24/2014|7:36:30 PM|

Xiaozhu.com used the C2C (Copy to China) tactic to replicate Airbnb’s model in China their online transactions have already surpassed 100 million RMB.

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