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.

New Report: Digital Identity Verification Keeps Ridesharing Customers, Drivers Safe
New Report: Digital Identity Verification Keeps Ridesharing Customers, Drivers Safe
June 17, 2021  |  Identity

The global sharing economy has continued its path to growth, with one study finding more than 86 million United States consumers alone are now using...

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Airbnb’s Pandemic Party Ban Will Stay In Effect
Airbnb’s Pandemic Party Ban Will Stay In Effect
May 27, 2021  |  Travel Payments

Vacation marketplace Airbnb is keeping the party ban, which was enacted during the pandemic, in effect at least through the end of this summer, the...

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NYC Teams With Bird, Lime, VeoRide For eScooter Pilot Launch
NYC Teams With Bird, Lime, VeoRide For eScooter Pilot Launch
April 14, 2021  |  Ridesharing

The New York City Department of Transportation (NYC DOT) has announced it is partnering with Bird, Lime and VeoRide to run its first-ever pilot program...

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Lime To Offer ‘App-Less’ Scooter Rentals Using QR Codes
Lime To Offer ‘App-Less’ Scooter Rentals Using QR Codes
March 24, 2021  |  Ridesharing

Lime has launched a feature that allows customers to use their service without ever opening or downloading their app, the electronic scooter and bike rental...

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European Hosts Drop Airbnb Listings, Move Toward Longer-Term Rentals
European Hosts Drop Airbnb Listings, Move Toward Longer-Term Rentals
March 08, 2021  |  Travel Payments

The number of Airbnb listings across Europe has dropped off significantly since the pandemic’s start in 2020, with hosts favoring longer-term rentals over shorter holiday...

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Airbnb Books Earnings Date With New Product Announcement
Airbnb Books Earnings Date With New Product Announcement
February 24, 2021  |  Earnings

The year 2020 was, to put it mildly, a difficult one for nearly all travel industry players, as consumers’ enthusiasm for travel bottomed out in...

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WeWork Could Merge With SPAC — Or Land Private Investment
WeWork Could Merge With SPAC — Or Land Private Investment
January 28, 2021  |  Investments

In a year in which over 80 new special purpose acquisition companies (SPACs) have made their debut, WeWork is in discussions to merge with a...

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Electric Vehicles Join The On-Demand Economy
Electric Vehicles Join The On-Demand Economy
January 11, 2021  |  Innovation

Call it the on-demand economy, on the move and electric. Literally. In an interview with PYMNTS, Aric Ohana, co-founder of Envoy, said the transition to...

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Car Rental Startup Turo Plans 2021 Public Offering 
Car Rental Startup Turo Plans 2021 Public Offering 
January 04, 2021  |  IPO

After a banner 2020, the car rental website Turo announced it is planning to pursue an initial public offering (IPO) in 2021, either traditionally or...

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