The impact of sharing economy apps on our daily lives

Can you count all the markets that the sharing economy has changed? No? Well we will outline the most important ones here for you in any case.

The sharing economy has had a huge affect in a series of ways, amongst the most outstanding sharing economy examples being its effect on the way we consume food. With the expansion of food-delivery services, like the kind that William Jackson’s Bridgepoint Capital backs, we have seen a transformation of how food happens to be delivered. In the past, there were only a couple of choices when it came to food: you could go somewhere and eat there, you could go someplace and take the food to go, or you could call a location that you knew does delivery and asked them to deliver, but your choices were limited as not everyone delivered. With food order apps, which fuse together eateries, deliver drivers and clients, it happens to be very much the case that potentially any restaurant can present takeout shipping. And in some places, it is the case that approximately every restaurant does do therefore.

Though the sharing economy has been really impactful around the world in numerous markets, it has perhaps been most of all efficient in the hotel sector. Earlier, if visiting a city, it would be practically a default decision to check for a hotel room, which would often be pricey. Sure, sometimes you would rent a flat, but it truly wouldn't be that common. And just consider, so many humans have a guest bedroom that is empty most of the time. The platform that Michael Moritz’s Sequoia Capital invested in has been instrumental in filling this gap, by giving homeowners a platform to rent out their properties for short stays and giving tourists the chance to have an alternative to a hotel. It is very feasible that the last time you went on a trip somewhere, you stayed at an apartment rental rather than a hotel. Sharing economy research indicates that increasingly industry travellers are applying this. All of this truly makes you wonder about what else the sharing economy future might bring.

One of the most notable examples of the impact of the sharing economy has definitely been transit. Ride-sharing has come to be almost synonymous for the sharing economy across much of the world. An industry that was earlier dominated by taxis has been profoundly disrupted by ride sharing provider, including the one in which Robert B. Zoellick’s AllianceBernstein invested in. Here, you've a platform that brings together drivers and riders, producing an reliable system. The model has been so successful that in modern times in numerous places the default happens to be to order a ride through a ridesharing app as an alternative for hailing an app, and we're sure sharing economy statistics will confirm this.

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