Arrow Artboard Created with Sketch. Artboard Created with Sketch. Title Chevron Title Chevron Icon Facebook Icon Linkedin Icon Mail Contact Path Layer Icon Mail Positive Arrow Icon Print Business Sharing economy flourishing in China Local startups quickly adapting to changing consumer trends With only two taps on a smartphone, cyclists can take a Mobike out for a spin.
WATARU KODAKA, Nikkei staff writer December 15, 2016 19:00 JST | China
SHANGHAI -- Chinese consumers are increasingly adopting sharing services offered by startups as slowing economic growth prompts many to yield more with less yuan.
On top of services that are now global standards, such as taxi-hailing, ride-sharing and home-sharing apps, Chinese startups are offering more variety.
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