How Will Airbnb Leaving China Hurt Its Business? ABNB Stock

Airbnb's (ABNB) plans to shut down its domestic arm in China have not spurred an overreaction by investors. According to CNBC, ABNB will remove all of the listings in China by this summer. The quiet reaction by investors most likely stems in part from the fact that China made up an immaterial percentage of overall revenues over the past few years, at around 1%.

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