Local taxes put Zipcar and Car2Go at a disadvantage in competing with ride-hailing services Uber and Lyft, research by DePaul University shows
Airbnb is rallying hosts around the world to spread its message. The company has invested heavily in catalyzing people who will show up and fight for homesharing-friendly regulations at city halls and state capitols.
Remember that hammer drill you bought, used once, and stored away to collect dust? What if you could make some money by renting it out?
While the idea of Tesla car-sharing seems new, it is not the first time the company’s cars, coupled with autonomous technology, have come up in discussions about the sharing economy.
Stocksy United is a cooperative, owned and governed by the photographers who contribute their work. Every Stocksy photographer owns a share of the company, with voting rights. And most of the money from sales of their work goes into their pockets rather than toward the billion-dollar valuations pursued by many venture-backed start-ups.
A new study of company Car2go found that for every shared car the company puts on the road, up to 11 are taken off.
Lawmakers in Louisville, Kentucky are imposing new regulations restricting consumers’ ability to use popular peer-to-peer economy housing services such as Airbnb and VRBO. The ordinances impose new fees and licensing requirements and prohibit property owners’ participation in peer-to-peer economy services in certain parts of the city.
On Monday morning, Uber cofounder and CEO Travis Kalanick announced the ridesharing startup reached two billion total trips completed on its platform last month. The milestone comes less than six months after Uber hit one billion cumulative rides at the end of 2015, which took Uber more than five years to accomplish. Completing a billion trips in the first half of this year shows remarkable growth following rapid expansion into many countries around the world.
Not only do many workers prefer to take part in the sharing economy, but in the current period of low economic growth it is an essential way to increase Americans’ earnings. More than half of those people who provide services through the sharing economy say they became better off financially over the past year. This is above the 32 percent level of other workers who make the same statement.
Next time you order lunch from Uber Eats, Uber’s food-delivery service, it may arrive on two wheels instead of four. The transportation provider has quietly started delivering some meal orders via bicycle.