What is the deal with the sharing economy trend anyhow?

Why don't we take a look at the most pertinent things going on in a variety of markets by gaining an comprehending of the impact that it has had on how we do countless things.

The sharing economy has had an incredible influence in a range of aspects, about the most outstanding sharing economy examples being its impact on the way we eat foods. With the rise of food-delivery services, like the type that William Jackson’s Bridgepoint Capital backs, we've seen a modification of how food is delivered. In the past, there were only a couple of choices when it came to food: you could go somewhere and eat there, you could go someplace and take the food to go, or you could call a location that you knew does delivery and asked them to deliver, but your choices were limited as not everyone delivered. With food order apps, which fuse together restaurants, deliver drivers and clients, it happens to be very much the case that potentially any restaurant can present takeout delivery. And in some locations, it happens to be the case that nearly every restaurant does do so.

Although the sharing economy has been very impactful all over the world in countless markets, it has potentially been most of all beneficial in the hotel industry. Earlier, if visiting a city, it would be practically a default decision to check for a hotel room, which would often be pricey. Sure, sometimes you’d rent a flat, but it remarkably would not be that typical. And only consider, numerous folks have a guest bedroom that is empty most of the time. The platform that Michael Moritz’s Sequoia Capital invested in has been instrumental in filling this gap, by giving homeowners a platform to rent out their properties for short stays and giving tourists the opportunity to have an alternative to a hotel. It is very feasible that the last time you went on a trip somewhere, you stayed at an apartment rental rather than a hotel. Sharing economy research indicates that evermore company travellers are using this. All of this actually makes you wonder about what else the sharing economy future will bring.

About the most noteworthy examples of the affect of the sharing economy has obviously been transit. Ride-sharing has come to be nearly synonymous for the sharing economy across much of the world. An field that was previously dominated by taxis has been profoundly disrupted by ride sharing offerings, including the one in which Robert B. Zoellick’s AllianceBernstein invested in. Here, you have a platform that brings together drivers and riders, creating an reliable system. The model has been therefore successful that currently in many places the default happens to be to order a ride through a ridesharing app as an alternative for hailing an app, and we are sure sharing economy statistics will confirm this.

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