Power struggle: China’s new sharing tussle

China’s burgeoning mobile-charging companies attract derision – and plenty of capital. We take a closer look at the latest hot sector in the country's booming ‘sharing economy’.

Chinese entrepreneurs have earned a reputation for coming up with some of the most exciting technology companies in the world, from internet giants Alibaba and Tencent to taxi-hailing firm Didi Chuxing and all the way to new disruptors such as Mobike and Ofo, a pair of companies trying to shake up the otherwise staid bicycle industry in the country.

But innovation inspired by the sharing economy’ idea appears to be spreading to ever-more niche sectors. Rival power bank companies are providing phone charging on-the-go. Umbrella sharing is hitting the streets. A company in Zhejiang in eastern China is betting its future on users paying to share basketballs.

...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 1 article per month from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222

Share our publication on social media
Share our publication on social media