A: so, it's like a win-win mode of business?B: yes, A, actually, The sharing economy is an economic model often defined as a peer-to-peer (P2P) based activity of acquiring, providing or sharing access to goods and services that are facilitated by a community based on-line platform. Sharing economies allow individuals and groups to make money from underused assets. In this way, physical assets are shared as services. Take for instance car sharing services like Lyft and Uber. According to data provided by the Brookings Institute, private vehicles go unused for 95% of their lifetime. The same report detailed Airbnb’s cost advantage over the hotel space as homeowners make use of spare bedrooms. Airbnb rates were reported to be between 30-60% cheaper than hotel rates around the world.
A: now I see, sharing economy is like, an old mode of trade, but powered by the Internet, has been evolving since recent years.
B: right hit the point! you know, actually, When I met sharing economy in January 2015, I asked everyone I met if they’d heard of the term “sharing economy.” Ninety percent of people said no, 5% assumed I was talking about barter exchange, and the remaining 5% acknowledged new technologies and peer-to-peer networks were enabling emergent business models. It was difficult to find anyone who had used Airbnb or Mobike.
Fast forward to 2018 and the reality is vastly different. Not only is the sharing economy in the news daily, it also has spurred a growing – and at times mind-boggling – list of related terms. To many people, the sharing economy and gig economy are the same thing. But in fact.....
A: wait wait wait, what is Mobike?
B: well, it's like the Airbnb in bike industry, on Airbnb, you get the room and the accommodation from others who doesn't need it at the moment. well, for Mobike, you get a bike to solve your problem of "the last mile" after you off work.
A: okay , B , you got me. what is the last mile?
B: The last mile problem is usually to describe the circumstance that you are off the bus, but there is still quite a distance away from your home. Walking, a little long, taxi, a waste of money.
A: okay, now I get that.
B: so the emergence of Mobike offered a way to this perplexity. You can use your smart phone to unlock any Mobikes around you, and ride on it back to your home. When you arrived, you just lock it on the leave it outside for other users. And it only charges 1 N$ per mile.
A: that is cool!
B: yes, I mean, who said no.
A: well, B, you really broaden my eyes, ok, you just mentioned the highspeed ways?
B: yes, highspeed rail, we call that Gaotie in China, you can take that as the Shikansen or the Euro-Star.
A: what is the difference? why you called that a new invention?
B: the difference? ok, let me say in this way, the highest speed of Shikansen in Japan, its 320 km per hour, that is kinda of record around the world. But for Chinese Gaotie, we got 450 KM per hour.
A: that is impossible!
B: yes , technology, ha?
A: woo, that' s, that's to say, to travel from windhoek to Rundu, it only takes me, eh...
B: well, take your time, do your math.
A: only takes less than 2 hours!
B: and only cost you hundreds of dollars, faster, and cheaper.
A: ohho, B, then, while a foreign student studying in China, he can just spend a couple of hours to travel thousands of far? Like, only withine a weekend can he visit several different cities and sites?
B: not impossible
A: well, fantastic. okay, for whom you maybe just turn on your radio, now you are with A and B, FM 97.5, the voice of the confucius Institute of UANM, we just talked about the two things in China which foreign students may interested in: the sharing economy and the highspeed rail. I have to say it really okay, now, B, I dare you to surprise me more.
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