Rental Platform Archives

Ziroom Lays Off 20% of HQ Staff, Property Count Falls by Nearly 150K

Ziroom, a home rental platform based in Beijing, is reportedly conducting layoffs of around 20% of staff at its headquarters.

90% of Surveyed Airbnb China Hosts Willing to Host in 2021: Report

On Jan. 18, vacation rental online marketplace company Airbnb’s China branch held an online press conference to launch the “Airbnb China Host Community Report 2020” and announce the winners of the Bélo Awards 2020.

Ziroom Acquires Bestbond, Expanding Business Amid Rental Industry Bankruptcy Buzz

Chinese apartment rental platform Ziroom announced on Nov. 30 to acquire and merge with Bestbond, an operator for boutique long-term apartment rentals, amid the ongoing bankruptcy buzz in China’s apartment rental industry. Established in 2013, Bestbond currently has 31 projects with about 5,000 rooms across China, targeting white collar workers in China located in major […]

How to Rent An Apartment in China: Popular Rental Platforms 2020

Renting an apartment in China is not that hard. There are a variety of online rental platforms providing customized services to both Chinese and foreign tenants.

Nowhere to Call Home: COVID-19 Leaves Scars on China’s Booming Online Long-term Rental Industry

According to industrial data provided by Beike, impacted by the COVID-19 and stringent quarantine rules, the total volume of house renting in 18 Chinese cities slumped.

Rental Platform Beike Completes $1.5B D+ Round Led by Softbank

On Mar.4, China’s leading online long-term apartment rental companies Beike officially confirmed that it had completed a D+ round of financing.

Danke Apartment to Become Listed on NYSE on January 17

The long-term rental service provider Danke Apartment updated its F-1 prospectus filed to the US SEC and it is expected to be listed on New York Stock Exchange with the ticker symbol “DNK”.

Chinese Online Real Estate Platform Beike Rumored to Seek IPO Next Year

According to Bloomberg, the Chinese real estate platform Beike Zhaofang (Beike), has been working with a consultant on a potential IPO and may complete its listing as soon as 2020.

Does the Rental Platform Ziroom Truly Save Trouble for College Graduates?

Property managers on Ziroom often lack the patience and ability to effectively communicate with tenants and the company seems only to be interested in passing the buck when facing complaints.

My Story of Renting a Place in Beijing

Recently, the weather in Beijing has gradually cooled, but I still get sweaty after getting pushed and shoved back and forth while commuting on the subway. After the hour-long commute, all I want to do the moment I get home is to take a quick shower. But more often than not, I’d find myself greeted […]

$70 Million Series B+ Round for Chinese Rental Platform Danke Apartment

Tiger Global Management has recently led Chinese long-term apartment leasing firm, Danke Apartment in a US$70 million series B+ funding round. This financing round comes three months after Danke managed to raise US$100 million in a B round led by CMC Capital and Gaorong Capital earlier this February.

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