sharing economy

Sharing economy is a term for a way of distributing goods and services, a way that differs from the traditional model of corporations hiring employees and selling products to consumers.

Airbnb: Long-Term Stays Present ‘Huge Growth Opportunity’
Airbnb: Long-Term Stays Present ‘Huge Growth Opportunity’
September 19, 2024  |  Travel Payments

With some cities suffering housing shortages, Airbnb is eyeing long-term stays. The vacation rental company is focused on expanding its long-term rental business, meaning stays...

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Getaround to Restructure, Lay Off 30% of North American Staff
Getaround to Restructure, Lay Off 30% of North American Staff
February 08, 2024  |  Personnel

Peer-to-peer carsharing marketplace Getaround is laying off about 30% of its North American staff as part of a restructuring plan. The company will restructure its workforce and...

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India-Based Car-Sharing Platform Zoomcar Completes Business Combination, Goes Public
India-Based Car-Sharing Platform Zoomcar Completes Business Combination, Goes Public
December 29, 2023  |  IPO

Zoomcar, an India-based peer-to-peer car-sharing platform focused on emerging markets, has gone public. The firm completed a previously announced business combination with Cayman Island-registered special...

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Platform Basics Rule the Road, Says RVshare CEO
Platform Basics Rule the Road, Says RVshare CEO
November 30, 2023  |  Travel Payments

“I’d like to believe that I’ve spent my career making travel more accessible,” Jon Gray, CEO of RVshare, told Karen Webster in the most recent...

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Getaround CEO Says AI Helps Platforms Monetize Idle Autos
Getaround CEO Says AI Helps Platforms Monetize Idle Autos
June 08, 2023  |  Connected Economy

After we shell out $30,000 or $40,000 for a car, it becomes all too easy to forget that our vehicles are often sitting idle for...

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Le Collectionist Raises $63M for Luxury Vacation Rental Platform
Le Collectionist Raises $63M for Luxury Vacation Rental Platform
December 02, 2022  |  Investments

French startup Le Collectionist has raised 60 million euros (about $63 million) for its vacation rental platform. Users of Le Collectionist can browse luxury properties...

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Ridesharing, Food Delivery Drivers Among Victims of Violent Crimes
Ridesharing, Food Delivery Drivers Among Victims of Violent Crimes
December 12, 2021  |  Security & Fraud

Drivers for ridesharing and food delivery companies have been among those who have been victimized during a nationwide surge in the number of carjackings and...

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Fashion Platform Rent the Runway Reports Widening Net Loss as Consumers Slow to Return
Fashion Platform Rent the Runway Reports Widening Net Loss as Consumers Slow to Return
December 08, 2021  |  Retail

Fashion rental platform Rent the Runway saw its shares falling over 13% as it posted broader third-quarter losses, CNBC reported Wednesday (Dec. 8). This comes...

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Critics Raise Privacy Concerns Over Scooter Data Collection
Critics Raise Privacy Concerns Over Scooter Data Collection
November 10, 2021  |  Transportation

Critics are raising privacy concerns over the amount of data being collected by shared scooter services and the cities in which they operate. That’s according...

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