Sharing Economy/page/4 news and trends

Getaround to Restructure, Lay Off 30% of North American Staff
Personnel // February 08, 2024

Peer-to-peer carsharing marketplace Getaround is laying off about 30% of its North American staff as part of a restructuring plan. The company will restructure its workforce and operations to reduce costs, align with the globalization of its business, lengthen its cash runway and accelerate its path to...

India-Based Car-Sharing Platform Zoomcar Completes Business Combination, Goes Public
IPO // December 29, 2023

Zoomcar, an India-based peer-to-peer car-sharing platform focused on emerging markets, has gone public. The firm completed a previously announced business combination with Cayman Island-registered special purpose acquisition company (SPAC) Innovative International Acquisition Corp. (IOAC) Thursday (Dec. 28), the companies said in a Thursday press release....

Platform Basics Rule the Road, Says RVshare CEO
Travel Payments // November 30, 2023

“I’d like to believe that I’ve spent my career making travel more accessible,” Jon Gray, CEO of RVshare, told Karen Webster in the most recent “Matchmakers” installment.  From his vantage point at RVshare’s helm for half a decade and at VRBO (formerly HomeAway) for more...

Getaround CEO Says AI Helps Platforms Monetize Idle Autos
Connected Economy // June 08, 2023

After we shell out $30,000 or $40,000 for a car, it becomes all too easy to forget that our vehicles are often sitting idle for the majority of the day. “We own too many cars. We park them 22 to 23 hours a day, so...

Interviews & Exclusives
Platform Basics Rule the Road, Says RVshare CEO

November 30, 2023
“I’d like to believe that I’ve spent my career making travel more accessible,” Jon Gray, CEO of RVshare, told Karen Webster in the most recent “Matchmakers” installment.  From his vantage point at RVshare’s helm for half a decade and at VRBO (formerly HomeAway) for more than decade prior to that, Gray remarked that there’s a […]

Getaround CEO Says AI Helps Platforms Monetize Idle Autos

June 08, 2023
After we shell out $30,000 or $40,000 for a car, it becomes all too easy to forget that our vehicles are often sitting idle for the majority of the day....

New Report: Digital Identity Verification Keeps Ridesharing Customers, Drivers Safe

June 17, 2021
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 some kind of sharing service....

Electric Vehicles Join The On-Demand Economy

January 11, 2021
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 electric vehicles (EVs) will have...

Quick Reads
Airbnb: Long-Term Stays Present ‘Huge Growth Opportunity’

September 19, 2024
With some cities suffering housing shortages, Airbnb is eyeing long-term stays. The vacation rental company is focused on expanding its long-term rental business, meaning stays of 28 days or more, CEO Brian Chesky said at a travel conference, Reuters reported Thursday (Sept. 19). “Stays of 30 to 90 days, monthly stays, the seasonal stays, I […]

Getaround to Restructure, Lay Off 30% of North American Staff

February 08, 2024
Peer-to-peer carsharing marketplace Getaround is laying off about 30% of its North American staff as part of a restructuring plan. The company will restructure its workforce and operations to reduce costs, align...

India-Based Car-Sharing Platform Zoomcar Completes Business Combination, Goes Public

December 29, 2023
Zoomcar, an India-based peer-to-peer car-sharing platform focused on emerging markets, has gone public. The firm completed a previously announced business combination with Cayman Island-registered special purpose acquisition company (SPAC) Innovative...

Le Collectionist Raises $63M for Luxury Vacation Rental Platform

December 02, 2022
French startup Le Collectionist has raised 60 million euros (about $63 million) for its vacation rental platform. Users of Le Collectionist can browse luxury properties from across the globe, EU...