Over the last few years, the Chinese sharing economy has grown to include everything from bicycles to basketballs. Consumers can temporarily purchase these items at kiosks scattered around urban areas with the idea being that they’ll return the product once they’re done. But as one umbrella-sharing startup recently learned, that’s not always the case.

Sharing E Umbrella launched earlier this year after their founder realized that “everything on the street can now be shared.” The company started up in 11 Continue reading →