Taxi-hailing app Didi, the result of a merger between two separate startups in early 2015, raised tens of billions of last year from domestic and overseas investors. According to a new report from China’s National Information Centre, sharing economy platforms in the county created a market worth $298bn in 2015, which is set to grow at an annual rate of 40% over the next five years, accounting for over 10% of China’s total GDP by 2020. The report, entitled “Sharing Economy Development and Growth in China”, also revealed that there are currently more than 100 million people who use online platforms, including social media, as their main source of income.
According to a new report from China’s National Information Centre, sharing economy platforms in the county created a market worth $298bn in 2015, which is set to grow at an annual rate of 40% over the next five years, accounting for over 10% of China’s total GDP by 2020. The report, entitled “Sharing Economy Development and Growth in China”, also revealed that there are currently more than 100 million people who use online platforms, including social media, as their main source of income.