Few Tidbits on Shared, Collaborative and On-Demand Economy
The trend to borrow and rent out our own belongings is disrupting markets. Sharing economy, as we know it, is said to be the new way of doing business! Here are some great insights on what really is this business of sharing
Singapore is expected to mirror global trends of rising ‘sharing economy’ as technology has reduced transaction costs, making sharing assets cheaper and easier than ever – and therefore possible on a much larger scale!
The sharing economy and on-demand services are weaving their way into the lives of (some) Americans, raising difficult issues around jobs, regulation and the potential emergence of a new digital divide.
The on-demand economy is revolutionizing commercial behavior around the world. The rise in number of startups and companies is clearly indicative of the growth and expansion of this industry at an accelerating rate. Here is a brilliant article showcasing some numbers to make its point!
A quick take on all things – good, bad and ugly – of the rising sharing economy!
Interesting answers that lie in the geographic extent of marketplace network effects of these two world class companies – Uber and Airbnb
“The on-demand hyper growth is upon us. In the next 5 to 20 years most of people will be able to get anything within a 5 t0 60 minute window.”
An interview with Chelsea Rustrum of Twilio and author of “It’s a shareable life”- where she talks about technology as the backbone of sharing economy that most of us are not even aware of and how it is powering collaborative economy.
True platform innovators aren’t just market matchmakers using data-driven algorithms to drive better buyer-seller matches; they invest in new value creation. In platform markets, cultivating user capability becomes as strategically important as reducing transaction costs. Successful platforms empower their users.