China's Mobike fills a gap in UK sharing economy
7 years, 8 months ago

China's Mobike fills a gap in UK sharing economy

China Daily  

A man rides a Mobike earlier this month in Manchester, UK. Within a few weeks of the launch of Chinese bike-sharing company Mobike in Manchester, United Kingdom, local resident James McConnell had already used the bikes more than a dozen times. Mobike's launch of 1,000 bikes in Manchester last month is one example of how China's burgeoning sharing economy is spreading to the UK. "This holds a very high potential to foster characteristics that research has identified as crucial for successful sharing schemes: flexible, individual and on-demand mobility," said Antje Graul, a doctoral researcher in marketing at Leeds University Business School. Looking beyond bike-sharing program, Coyle said there could be room for other ideas from the Chinese sharing economy that could succeed in the UK, especially costly items that are not used all the time.

History of this topic

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