Chinese homesharing platform , [UNK] , has reportedly surpassed Airbnb in its home market . Founded in 2011 , the company 's valuation currently sits at just over $ 1 and the business model is based on focusing on cultural preferences for Chinese travellers such as restaurants and travel services . The company now has plans to expand listings in high - demand locations such as Beijing 's central business district .
Chinese homesharing platform, Tujia.com, has reportedly surpassed Airbnb in its home market. Founded in 2011, the company's valuation currently sits at just over $1bn and the business model is based on focussing on cultural preferences for Chinese travellers such as food and housekeeping services. The company now has plans to expand listings in high-demand locations such as Beijing's central business district.