Bikes are now big business in China. The country’s two largest bike-share companies, Ofo and Mobile, complete a combined 50 million rides every day. Investors recently poured more than a billion dollars into the companies which explains the sea of bikes of the street and the massive piles of pedals growing in the China’s major cities.
Tem Acucar, a social network for neighbors focused on the sharing economy model has become the largest social network for neighbors in Latin America. Tem Acucar is Portuguese for “do you have sugar?” cleverly named after the age old practice of sharing sugar with your neighbors. Neighbors connect and exchange everything from rides to surplus food, to items. People even use it to join groups on moms in the neighborhood and find exercise partners.
We want top service, at rock bottom prices, at the click of a button within the hour, and so the seeds have been sown for the emergence of car-sharing apps (Uber), rental companies (AirBnB), collaborative work spaces (WeWork) and entertainment sites (Spotify), to name a few.
Almost everyone’s on to ride and house sharing these days, thanks to Uber and Airbnb, but there is a huge array of shareable goods and services out there. And Two Space is just one of a slew of startups taking advantage of the ride and rise of sharing economy.
Paris-based Accor Hotels in no longer an investor in the “home meets hotel” platform, also known as Oasis Collections.; instead, Hyatt has stepped up to the plate. Last week, Hyatt made a strategic, minority investment in Oasis, bringing the company’s total fundraising to $35 million. The new investment will allow Oasis to expand its portfolio to additional cities in the U.S, Europe, Latin America and Asia. The investment is expected to also allow Oasis to eventually be integrated into Hyatt’s distribution and loyalty systems going forward.
A potential hurdle for many investors is that many of the firms across the sharing economy are privately owned
A potential hurdle for many investors is that many of the firms across the sharing economy are privately owned. Yet for those who cannot invest in Uber, Lyft, Airbnb and TaskRabbit, the strategists offered ideas for gaining exposure to the sharing economy through a list of over 50 selected publicly traded stocks such as Netflix, Box, PayPal, Alibaba, Expedia and Amazon. These were deemed “entry points” for investors who might be bullish on future prospects of the sharing economy.