Articles tagged “xiaozhu”

China’s Skyrocketing Homesharing Still Needs Greater Variety on Listings

China’s Skyrocketing Homesharing Still Needs Greater Variety on Listings

Ritesh Gupta, China Travel News

Domestic and foreign travelers are going beyond tier 1 and tier 2 Chinese cities, and homesharing players go where they go. Fortunately there isn’t a lack of homes to list. A problem that’s creeping up is a lack of differentiation among players.

6 months ago

Airbnb Rival Xiaozhu Raises $120 Million: Travel Startup Funding This Week

Airbnb Rival Xiaozhu Raises $120 Million: Travel Startup Funding This Week

Sean O'Neill, Skift

The moneyed set looked East this week as China had its second travel unicorn, Xiaozhu, receive a billion-dollar valuation, following in the footsteps of its rival, Tujia, China's first travel unicorn. Meanwhile, Ctrip bought Trip.com

2 years ago

Airbnb Finally Appoints a Leader for Its China Business

Airbnb Finally Appoints a Leader for Its China Business

David Ramli and Olivia Zaleski, Bloomberg

Hong has a big opportunity to grow Airbnb's presence and brand in China, but also faces some tough competition from Tujia, among others.

2 years ago

Airbnb in Talks to Acquire Xiaozhu in an Attempt to Grow Its China Business

Airbnb in Talks to Acquire Xiaozhu in an Attempt to Grow Its China Business

Lulu Yilun Chen and Olivia Zaleski , Bloomberg

Airbnb doesn't want to follow in Uber's footsteps when it comes to growing its business in China. Making an acquisition like this one could help, but is it enough to topple home-grown Tujia?

3 years ago