Airbnb is reportedly in talks with domestic rental site Tujia for acquisition, Chinese news site The Paper said on Tuesday. (Photo: Open Grid Scheduler/Grid Engine, Flickr) American short-term rental giant Airbnb is reportedly in talks with domestic rival Tujia for acquisition, Chinese news site The Paper said on Tuesday.
The Paper confirmed the news from a person who was close to the talks but didn’t reveal the name. According to the source, two companies were in talks for the possibility of Tujia acquiring Airbnb China.
At the time of writing, both Airbnb and Tujia have made no comments on the rumour.
Airbnb has been promoting its business in the Chinese market. In March[…]