[stock_market_widget type="clock-markets" template="analog" timezone="America/New_York" title="New York" style="font-size: 7px; width: 100px;"] [stock_market_widget type="clock-markets" template="analog" timezone="Europe/London" title="London" style="font-size: 7px; width: 100px;"] [stock_market_widget type="clock-markets" template="analog" timezone="Europe/Brussels" title="Brussels" style="font-size: 7px; width: 100px;"] [stock_market_widget type="clock-markets" template="analog" timezone="Asia/Hong_Kong" title="Hong Kong" style="font-size: 7px; width: 100px;"] [stock_market_widget type="clock-markets" template="analog" timezone="Asia/Tokyo" title="Tokyo" style="font-size: 7px; width: 100px;"] [stock_market_widget type="clock-markets" template="analog" timezone="Australia/Sydney" title="Sydney" style="font-size: 7px; width: 100px;"]

Stock Market News

Airbnb Reportedly Closing Domestic Business in China: CNBC

05/23/2022

Less than a minute

2022.05.23 21:22

By Yasin Ebrahim

Investing.com — Airbnb reportedly will shut down its domestic business in China by this summer, CNCB reported, citing unnamed sources.

Airbnb (NASDAQ:ABNB) was marginally higher following the report.

All listings in mainland China including homes and experiences will be taken down by this summer, the report said.

The move will help the company focus its efforts on Chinese outbound travel, which presents a more lucrative opportunity. Stays in China make up about 1% of revenue.

Source

05/23/2022

Less than a minute