The sharing economy is exploding in China. Worth about 299 billion USD in 2015, the market is expected to surge by 40 percent over the next five years, China’s National Information Center reported earlier this year. While the sharing economy is relatively a broad term referring to businesses that are based on peer-to-peer sharing of […]
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Didi May Be Ready For Bike Sharing, But What About The Rest Of The Nation?
Didi-Uber, China’s newly minted transportation tycoon, has revealed intentions to append a bike sharing service to its hefty platform, as it pours tens of millions of U.S dollars in strategic investment into dockless smart bike company Ofo. The ride sharing company has no trouble divining a future where bike sharing becomes the latest installment on […]
