Airbnb to Close Domestic China Business, Sources Say -CNBC

--Airbnb Inc. is planning to close its domestic business in China, with all mainland Chinese listing being taken down by the summer, CNBC reported Monday, citing two people familiar with the matter.

--Airbnb would continue to have an office in Beijing to focus on outbound travel, the report said.

--Airbnb didn't respond immediately to a request for comment.

Full story: https://www.cnbc.com/2022/05/23/airbnb-is-closing-its-domestic-business-in-china-sources-say.html

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(END) Dow Jones Newswires

05-23-22 1444ET