The Sharing Economy Strikes Back Discover Airbnb Style Craigslist New Jersey Rentals For A Unique Stay

Social media and mobile technology have enabled the latest expansion of the sharing economy and turned it into a big business:

The home rental company, which was privately valued at $31 billion, is trying to go public after its business was crushed by the pandemic.

The sharing economy, popularized by the likes of airbnb and uber, has enjoyed remarkably rapid growth over the last five years and looks set to scale new heights over the next decade.

The sharing economy is making online transactions far more personal, which can lead to some unintended consequences.

Phua ( 2019) explores complaints in order to examine whether airbnb is perceived as sharing economy, with frustration hypothesized to arise from the perception of airbnb as a sharing economy platform and different expectations between different audiences.

Airbnb, which launched its business in 2009, has experienced explosive growth by creating value through the sharing economy business model.