Xiaozhu starts biz travel service

Home-sharing company Xiaozhu Inc has launched China's first shared-house service for business travelers, driven by the increase in startups and the changing structure of the workforce.

Established in 2012, Xiaozhu is one of the first Chinese home-sharing platforms and has around 150,000 shared-house sources in 306 cities in China.

"We will provide about 80,000 homes for business trips in over 50 cities by the end of this year, starting from Shenzhen, Beijing, Shanghai, Guangzhou and Chengdu," said the company's CEO Chen Chi.