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The art of sharing and growing

By Meng Jing ( China Daily ) Updated: 2016-03-29 08:38:41

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.

The art of sharing and growing

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