It Pays to Be in the Sharing Economy

What is it about ride-sharing apps that gets major VCs investing huge sums?

Technology startup investor, Softbank, is interested in investing in Uber or Lyft, having already invested in Grab in Southeast Asia and China's Didi Chuxing. 

Perhaps its the technology and services spin-offs, such as driverless cars, AI, logistics etc, that may materialise on the back of ride-sharing.

The Sharing Economy is creating new technologies and new ways of delivering services and a proliferation of startups. It is on the back of the Ubers and Airbnbs that new technologies and products are created. Investment in the sharing economy leads to the creation of new technologies and revenue streams for startups.

SJP @DigitalAsian - ShareYaar - IdeaIndia.Com


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