| Ben Thomas, Research Analyst at Investec Wealth & Investment, discusses his views about the meteoric rise in popularity of the sharing economy, and how Airbnb and Uber have impacted the economy. The article was originally published in Vision 2017, highlighting the thoughts of our Research Team, detailing some of the key investment themes they feel will be prevalent in 2017.
Download the full Vision 2017 eBook for free here: https://marketing.investec.com/vision-2017/ Roughly half of the world’s population now has access to the internet and around a third own a smartphone. This interconnectedness has spawned a new kind of industry – the so-called ‘Sharing Economy’ – which enables consumers to offer goods and services direct to one another, rather than relying on traditional businesses. The benefits for consumers are obvious, with a greater variety and lower cost of everything from taxis and hotel rooms to education and even romance. But what is the impact on the wider economy, and how can we measure it? |
Investec is a distinctive Specialist Bank and Asset Manager.
We provide a diverse range of financial products and services to a niche client base in three principal markets, the United Kingdom, South Africa and Australia, as well as certain other geographies.
Investec’s strategic goals are motivated by the desire to develop an efficient and integrated business on an international scale through the active pursuit of clearly established core competencies in the group’s principal business areas.
Tags:
