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Global hospitality marketplace Airbnb will expand its business in Indonesia as it considers the country to be one of the most important markets in the Asia-Pacific.
Indonesia is a huge market with over 250 million people, but its wide variety of consumer characteristics and its thousands of islands make it "difficult" to operate in, says Chinese e-commerce giant Alibaba Group.
Singapore retained its top spot as Asia's favorite business expansion destination, according to a UOB survey.