Airbnb changes name in China, doubles investment to win users

A 3D printed people’s models are seen in front of a displayed Airbnb logo in this illustration taken, June 8, 2016. REUTERS/Dado Ruvic/Illustration

Airbnb Inc. is showing China some love.

The U.S. home-sharing giant is adopting a new name for its business in the world’s second largest economy, one that translates as “welcome each other with love,” as it doubles investment in the country and triples its local workforce to take on rivals.

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