Chinese homesharing platform , [UNK] , has reportedly surpassed Airbnb in its home market . Tujia has also expanded to Taiwan, Thailand, Indonesia, Hong Kong, Korea and big European and U.S. cities. 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 , [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 .