The biggest sectors of the “sharing economy” — including transportation and travel companies like Uber, Zipcar and Airbnb – could be pulling in as much as $335 billion in global revenue by 2025, according to projections by PricewaterhouseCoopers. Continue reading… “Millennials driving the new economy with trust”
Car companies should be really worried about Millennials: Study
People between 18 and 34, the Millennials, don’t care about driving nearly as much as the generations before them, according to a new report from Zipcar. There are many reasons why, but they boil down to less money and more options.
Continue reading… “Car companies should be really worried about Millennials: Study”
The ‘sharing economy’ is the next big thing
The Avis acquisition of Zipcar suggests that the sharing economy has come of age.
Revolution made their first bet on the concept of sharing nearly 10 years ago with their investments in Exclusive Resorts (2003) and Flexcar (2005). The “sharing economy” now extends across multiple verticals – we’re sharing cars, movies, extra rooms in our homes, online lectures, and even our time. Yesterday Avis Budget Group announced that they will acquire Zipcar which marks a significant milestone for the concept of collaborative consumption.
Continue reading… “The ‘sharing economy’ is the next big thing”
Hertz is Going After Zipcar Aggressively
The Car-Sharing Wars Have Begun
Not long after Zipcar had a successful IPO, car rental behemoth Hertz is going for the jugular by expanding its own car-sharing capabilities in New York City, an important market, and by slashing fees and guaranteeing car availability…
Continue reading… “Hertz is Going After Zipcar Aggressively”