Sharing Economy Apps Disrupting Traditional Markets
shared by khawkatparks on Feb 08
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The sharing economy is a phenomenon describing new business models built on the proliferation of smartphone and app use that are supported by shared resources from device owners. These business models...
are augmented by real-time data including location, instant gratification, on-demand pricing, and easy payment options. From sharing reviews through Yelp to sharing car rides using Uber, smartphone owners and app users have become suppliers of resources and participants of new business use cases that bring a new economic order to traditional industry sectors.
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