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.

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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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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