Many startups’ pitches tend to go along the lines of becoming “the Airbnb of X,” but all Airbnb itself wants to achieve is to become the Airbnb of China.
While the company has been successful in other markets, the companymuch like Ubercontinues to struggle in the Chinese market despite high ambitions and a big budget. Tujia, Airbnb’s closest rival in China, recently secured another win an additional $300 million in funding. Meanwhile,...
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