Early results – which need to be officially certified by the local county clerk’s office – show about 70% of New Jersey residents voted to restrict home-sharing companies like Airbnb. — Reuters
The bitter, multi-million dollar battle over home-sharing in Jersey City has come to an end – with Airbnb Inc losing the fight.
Early results – which need to be officially certified by the local county clerk’s office – show about 70% of residents voted to restrict home-sharing companies like Airbnb. The blow comes as the US$31bil (RM128.23bil) tech juggernaut, which is preparing to go public next year, strives to resolve regulatory overhang around the US.
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