What's hot in China's sharing economy

People rent Umbrellas at a metro station in Guangzhou, South China's Guangdong province. [Photo/Weibo]

Umbrella-sharing

Molisan, a Shanghai-based start-up, has launched umbrella-sharing services in the metro in Guangzhou, South China's Guangdong province, and Fuzhou, East China's Fujian province.

Customers can rent umbrellas by paying a refundable deposit and scanning a QR code.

The scheme charges a 20 yuan ($2.90) deposit payable via WeChat. The rental period is 15 days, which renters can renew for three additional days after which they will be charged a late penalty of 0.5 yuan per day.