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Fresh from $1 billion investment, Airbnb reveals major growth plans for China

Mar 22, 2017 - VentureBeat

Mar 22, 2017( VentureBeat: http://venturebeat.com/ Delivered by Newstex) (Reuters) — Airbnb, the online marketplace for short-term lodging, is expanding its business in China, hoping to spur growth in the world's most populous country and a major tourist destination. Fresh off a $1 billion fundraising round, Airbnb announced plans on Tuesday to expand its services in China and increase its staff there.

Airbnb said it would more than triple its local workforce this year and double its i...