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The 'sharing' economy: profits and pitfalls

It's a new dawn for key services, but critics say the rising sector is an unregulated Wild West

Facilitated by smartphones and geolocation technology, the sharing model offers vastly expanded choices and often lower prices.


IT'S a new dawn for transport, lodging - and pretty much every service under the sun - and it's all about "sharing". The so-called sharing economy gained traction across the globe in 2015 as Uber upended the taxi business, Airbnb disrupted the hotel sector and a host of online...

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