China Notes

• cashless society
• huge infrastructure investment of railroad
• sharing economy

Sharing Economy

• platform required: YES
• C2C
• light assets – only platform is required
• Uber and Airbnb

Rental Economy

• platform required: NO
• B2C
• heavy assets – increases costs, such as hotel
• sharing phone charger and bikes

A distinctive difference between sharing and rental economy is that in sharing economy, it provides individuals with information that enables the optimization of resources through the mutualization of excess capacity in goods and services.

It seems like the sharing economy will continue forward and step into the rental economy (?)