Since the Era of 4G, the mobile Internet technologies and applications in China have progressively topped the world. The mobile payment represented by Alipay, the mobile social network service by WeChat and the mobile travel by Didi go to the forefront of the world along with the network construction of the three China-based major telecommunication operators. Sharing Economy - a new term, came into being.
Figures show that the size of China's sharing economy market mushroomed and reached RMB 5,722 billion in 2017, when the year-over-year growth rate was as high as 44.6%; even the market growth slows in 2018, the growth rate is still expected to reach 31.2%. As bike sharing declines, sharable chargers and shared massage chairs etc. mushroomed one after another, continuing to support this emerging market.
MoreFigures show that the size of China's sharing economy market mushroomed and reached RMB 5,722 billion in 2017, when the year-over-year growth rate was as high as 44.6%; even the market growth slows in 2018, the growth rate is still expected to reach 31.2%. As bike sharing declines, sharable chargers and shared massage chairs etc. mushroomed one after another, continuing to support this emerging market.
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