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 Goes Public At $146 Per Share, More Than Double IPO Pricing
Airbnb Goes Public At $146 Per Share, More Than Double IPO Pricing
December 10, 2020  |  Markets

Airbnb began trading at $146 a share on Thursday (Dec. 10) at more than two times the price set for its initial public offering (IPO)...

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UK Asks For Input On VAT Challenges Created By The Sharing Economy
UK Asks For Input On VAT Challenges Created By The Sharing Economy
December 09, 2020  |  International

The United Kingdom’s economic and finance ministry, HM Treasury, seeks input on the challenges that the sharing economy creates for value-added tax (VAT). In a...

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Airbnb Sets Sights On Raising $3.3 Billion In Hot IPO Market
Airbnb Sets Sights On Raising $3.3 Billion In Hot IPO Market
December 09, 2020  |  IPO

The market’s appetite for tech companies holding initial public offerings (IPOs) of stock continues to build, as Airbnb pushes for higher prices for its IPO....

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Airbnb Launches Nonprofit To Provide Housing During Crises
Airbnb Launches Nonprofit To Provide Housing During Crises
December 07, 2020  |  Coronavirus

Airbnb has launched a new nonprofit — Airbnb.org — to offer assistance during this time of crisis and extend temporary housing to frontline workers, refugees,...

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Wardrobe Expands Reach In Closet-Sharing Economy With Rent My Wardrobe Merger
Wardrobe Expands Reach In Closet-Sharing Economy With Rent My Wardrobe Merger
November 17, 2020  |  Partnerships / Acquisitions

New York’s Wardrobe has expanded its geographical footprint in the emerging online clothing rental space by acquiring Dallas-based rival Rent My Wardrobe. Wardrobe said the...

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Getaround Car-Sharing Tech Disrupts Car Ownership
Getaround Car-Sharing Tech Disrupts Car Ownership
November 06, 2020  |  Innovation

In a world that’s home to one billion cars that sit unused the majority of the time, the concept of sharing a vehicle only when...

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Trust And Verification Undergird The Sharing Economy
Trust And Verification Undergird The Sharing Economy
September 18, 2020  |  Authentication

Trust, not money, is what keeps the financial services world running. And it’s harder to come by post-pandemic with a crush of remote digital onboarding...

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Deep Dive: How Digital ID Verification Helps Build Trust in Carsharing and Housesharing Platforms
Deep Dive: How Digital ID Verification Helps Build Trust in Carsharing and Housesharing Platforms
September 17, 2020  |  Authentication

Consumers who rent an Airbnb, book a pet care provider with Rover or request an Uber need to be sure that the service providers on...

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How Digital ID Verification Approaches Can Make Or Break Sharing Platform Trust
How Digital ID Verification Approaches Can Make Or Break Sharing Platform Trust
September 16, 2020  |  Authentication

More than 32 million U.S. consumers move every year, with many turning to shared spaces to store their belongings. Renters want assurances that they can...

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