[Jommi]

No AirBNB was/is getting CRUSHEd in china because the monopoly power of the companies already present. You have to understand that competition in China is like a childrens playground, with the CCP being the parents.

They will choose the winners and losers, but they will do so by balancing their own metrics, which has China's economic power as no.1 priority.

Only know is Airbnb doing more OK, after moving servers to china, making local joint ventures, changing their name to a chinese one etc. etc.

[echevil]

AirBnB would still get crushed like most other American companies when they face strong local competitors even if they have full support from CCP. These companies are usually terrible at localization and what works in America won't just work in China. Doesn't mean it's not possible for them to succeed, LinkedIn for example, did fairly well in China so far.

AirBnB moved server to China because their website would be terribly slow if not, they need local joint ventures or otherwise they would have little idea in how to navigate in Chinese market. Of course they need a Chinese name, how else would you expect users to know what "Airbnb" is? Nobody would remember. They can change their name to a series of numbers and that would still work better than "Airbnb"