When bike-sharing crashed in China: a bumpy ride

摘要

The sharing economy of "collaborative consumption" is spreading. A recent shift in perception that favors consumption over ownership is rapidly growing with the new business models in the form of sharing, such as the global housing rental platform, Airbnb and vehicle-sharing platforms such as Uber. This change is evident in China where the recent boom in the sharing economy includes the dockless bike-sharing system.