What's hot in China's sharing economy

People can find nearby charging stations through app, as well as WeChat and Alipay accounts. [Photo/sina.com.cn]

Charger-sharing

Xiaodian, a phone charger start-up, recently announced a $50 million Series B financial round led by Sequoia China Capital and Banyan Capital, with Tencent as a participating investor.

People can find the company’s nearby charging stations through its app, as well as WeChat and Alipay accounts.

After scanning a QR code, users can start charging their phones. Payment is processed through WeChat Pay or Alipay.