Airbnb Will Quadruple Its China Tech Team to Target Millennials
- China remains Airbnb’s key focus, co-founder Blecharczyk says
- Airbnb to increase engineers in Beijing to over 100 from 25
Nathan Blecharczyk, co-founder and chief strategy officer at Airbnb, discusses the Airbnb's reaction to the riots in Charlottesville, Virginia, their strategy for Asia, competition in China, regulations in Asia and the importance of Asia in the future. He speaks exclusively on 'Bloomberg Daybreak: Asia.' (Source: Bloomberg)
Airbnb Inc. is ramping up its investment in China, quadrupling its engineering team over the next 12 months to focus on affluent millennials who’re increasingly exploring the world’s second largest economy.
Airbnb will grow its technical cohort to more than 100 in Beijing -- the only office outside the U.S. where the home-sharing giant employs an engineering division, according to co-founder Nathan Blecharczyk. That move, part of a previously announced doubling in investment and tripling in local workers to 300, will help it tailor a re-launched service for some 400 million younger people acquiring a taste for independent travel, he added.