Luxury handbags for rent in China

Getting your hands onhigh-end bags from top-tier luxury brands has never been easier in China.

People

who want to rent luxury handbags like Louis Vuitton, Gucci, Chanel and

Dior, can now do it through WeChat through Dou Baobao's account, a

Beijing-based startup company.

Depending on the

type of bag, users can pay anything from 99 yuan (15 US dollars) to

1,878 yuan (276 US dollars). The company, Dou Baobao, also charges

users an additional 30-50 percent of the market price of the bags as a

deposit.

Dou Baobao founder Cheng Kaiwen discussed his business

model with Securities Daily in June, saying it offers "economic and

environmental" benefits, and such services could help Chinese users

distinguish between fake and real goods in an increasingly saturated

market.

Shareable luxury services are the latest

addition to China’s booming sharing economy after sharing taxis, bikes,

umbrellas and many other products.