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Daimler, BMW aim to create ‘global player’ with car-sharing joint ventur

DaimlerandBMWhaveannouncedambitiousplansonThursdaytocreatea"globalplayer"inthegrowingcar-sharingmarketwiththeirrecentlyestablishedjointventureintheindustry."Wew

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GM reportedly revving up Maven's peer-to-peer car-sharing

GeneralMotorsisstayingtight-lippedaboutanewBloombergreportthatsuggeststhecompany'sMavencar-sharingprogramwillsoonallowGMcarownerstorentouttheirvehiclestostrange

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Vandalism forces GoBee.Bike out of France

2017wasabigyearforthesharingeconomybuttheflourishwasjustaflashinthepanforsomebikesharingstartups.AccordingtoXinhua,aroundsixbikesharingbrandshavelefttheChinesem

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Google Maps may let you share your battery life status

Everwantedtoknowifsomeonemadeithomesafely,butdidn'tknowiftheyhadenoughbatterylifetostayintouchalongtheway?Youmightnotfretquitesomuchaboutitinthefuture.AndroidPo

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China's Didi sets up electric car-sharing platform

Chineseride-hailinggiantDidiChuxingissettingupanelectriccarsharingservicewith12automakers,includingBYDCoLtd,localpartnersofFordMotorCoandtheRenault-Nissan-Mitsu

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China's ofo launch aims to boost urban mobility in India

World’sfirstandlargestbike-sharingstart-up,ofo,islaunchingitsservicesnextweekinIndiatoboosturbanmobility.TheBeijing-basedurbanmobilitygiantsaidinapressreleaseth

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Young man sentenced for taking shared car as his own in Beijing

Withcar-sharingservicesboominginChina,morecityresidentsarebecomingusedtousingthisefficienttransportmethodfortheirdailycommute.Somepeople,however,usesharedcarsin

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Here's What Chinese Investors Are Most Excited About

HansTung,amanagingpartneratGGVCapital,hasbeenaU.S.-Chinainvestorformorethanadecade.HisportfolioincludesXiamoi,Airbnb,Wish,andmuscal.ly.FortunespokewithTungabout

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Chinese government: Sharing economy expected to grow 40% annually

Withabunchofsmartphone-basedappsenablingpeopletorentawiderangeofitems,Chinaisembracinganewageofbusinessandconvenience.Buoyedbysuccessfulstartupssuchasbike-shari

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Bluegogo set to declare bankruptcy: Is the bike-share bubble bursting?

China’sbike-sharingbubbleissettoclaimitsfirstmajorvictim,withtheexpectedbankruptcyofBluegogosparkingconcernsthattheindustryhasoverheated,andthatthebusinessmodel

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Chinese bike-sharing giant rolls out in Sydney

Chinesebike-sharinggiantMobikerolledouthereonTuesday,thelatestcompanytoofferthealternativemodeoftransportforAustraliancommutersfacinghigh-densitydevelopment.The

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Stores, banks join book-sharing economy

Chinaisembracinganeraofsharingeconomy.Aftersharedbikes,sharingbooksarethenexttrend.Thebook-sharingprogramatSanxiaokouXinhuaBookstoreinHefei,capitalofEastChina's

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Chinese cities regulate bike sharing service

Hangzhou,capitalofeastChina'sZhejiangProvince,issuedaguidelineFridaytoregulatethecity'sboomingbike-sharingmarket.Therearenowaround448,600for-hirebikesfrom10comp

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Italians welcome Chinese shared bikes

Thebike-sharingcrazethatstartedinChinahasreachedItaliancitiesinJulyaspartofplansforinternationalexpansion.Sofarthebikeshaveearnedravereviews.InJulyandAugust,Chi

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5.5% of China's labor force works in sharing economy

Around5.5%ofChina'slaborforceworksintherapidlyexpandingsharingeconomy,accordingtoareportfromthetopeconomicplanneronMonday.ThemarketvalueoftheInternet-basedshari

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Emerging markets lead sharing economy

“Chinahasbecometheleaderofsharingeconomyandwillbethecenteroffuturetransportationreform,”ChengWei,CEOofChina’slargestcar-hailingserviceproviderDiDiChuxing,saidFr

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Uber to resume Philippine service 'soon' after fine

UbersaidSaturdayitexpectstoresumeoperationsinthePhilippines"soon"afterregulatorsagreedtoliftabanslappedagainsttheAmericanride-sharinggiantinexchangeforafine.The