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Airbnb doubles its investment to woo China
Published Wed, Mar 22, 2017 · 09:50 PM
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Shanghai
AIRBNB Inc is showing China some love.
The US home-sharing giant is adopting the name "Aibiying" in China, one that translates as "welcome each other with love", as it doubles investment in the country and triples its local workforce to serve the world's largest population of travellers.
The startup intends to ramp up its Chinese business after more than doubling listings in the country to about 80,000 in 2016, chief…
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