Sharing instead of stockpiling – that’s the idea of the Sharing Economy, a business model that promotes the sustainable use of resources. It also shares a hallmark typical of capitalism: Profit.
The shared use of cars, music, accommodation, files and more looks set to increase in Germany, a new survey shows. Germany's share economy market is worth more than €20 billion, according to the survey.
Why buy a car when you can hitch a ride? Co-consumption is experiencing a commercial boom thanks to the internet. You can share just about anything through an online portal or app. And you can make a profit.
British Foreign Secretary Boris Johnson has told fellow MPs that the EU can "go whistle" if it demands an "extortionate" final payment for leaving the EU. This stole the limelight from a keynote speech by PM Theresa May.
The home-sharing site says two rounds of fresh funding over the last six months will give it "operational flexibility." The peer-to-peer start-up is now valued at $31 billion (29 billion euros).
© 2018 Deutsche Welle |
Legal notice |
| Mobile version