The art of sharing and growing
By Meng Jing | China Daily | Updated: 2016-03-29 08:38
Last year, more than 100 million people across 400 cites in China hailed 1.43 billion "taxi" rides using a mobile application, which used 14 million cars that it did not own to provide the service.
The cars were provided by individuals to Didi Chuxing, a Beijing-based ride-hailing technology firm.
This is a classic example of the so-called sharing economy, in which people rent out their idle assets like cars and rooms to others using Internet-based services.
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