There are signs that what happened to Uber in China might be repeated by another U.S. tech giant: Airbnb.
Airbnb China, established in 2015 by the US$31 billion home-rental platform to conquer the world’s second largest online travel market in terms of digital travel sales, is reportedly in deal talks with its chief Chinese rival: Tujia.com.
While few details are available on how such a deal would be structured, it could come in the form of an investment or strategic partnership, according to Chinese media reports citing insiders.
Tujia.com has already been acquiring smaller Chinese rivals. In October 2016, […]