June 22, 2017

Airbnb China Said In Deal Talks With Local Rival Tujia.Com

AirBnb Logo: Chinese Rausch horizontal lockup for web
Image Courtesy of AirBnb

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,  […]

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The News for the Gig Economy Staff is constantly searching the web for the latest news regarding freelancing and gig platforms to bring them to you in one handy place. All articles with this generic author have been sourced with the original location at the bottom of the piece. We encourage our readers to view the original source of all excerpts. NGE is a project of ARC Online, LLC.

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