What is Sharing Economy?
Sharing economy is also known as peer-to-peer economy. It is the system which build around the sharing of human and physical resources. In this economy owner share (rent out) her/his things which s/he not using to earn extra income. Example: sharing car, house, a seat in car, a room in house, house or bicycle.
Size of Sharing Economy?
US$26 billion in 2013
It would be cross US$100 billion in 2-3 years down the line.
Name some Sharing Economy Firms (SEF)?