May 24, 2022 08:58 PM

Tech Insider: Layoffs at Tencent and Zhihu, Airbnb Shutters China Business

Airbnb will suspend its Chinese domestic stay and tour business, and shift focus to Chinese tourists leaving the country. Photo: VCG

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Airbnb gives up on China business

Airbnb Inc. said on Tuesday that it will suspend its Chinese domestic stay and tour business and shift focus to Chinese tourists leaving the country after harsh Covid-19 restrictions throttled its business.

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