UN event ponders sustainable growth from sharing economy

GENEVA - Didi Chuxing, a major ride-sharing company from China that provides transportation services for hundreds of millions of users, was used to illustrate the concept of the "sharing economy" during a UN event in Geneva early this week.

"Didi is so well known in China. In 2017, Didi completed 7.4 billion rides. It has 450 million users in China and in only five years Didi has become a huge platform," said Jianhua Li, chief development officer of Didi Chuxing, at an event titled "Development Dimensions of the Sharing Economy-Learnings from China".

"We started as a taxi-connecting platform. In China, you can make a reservation through the Didi app," he said.