The Right Coast

Editor: Thomas A. Smith
University of San Diego
School of Law

Tuesday, July 11, 2017

Umbrella-sharing startup loses nearly all of its 300,000 umbrellas in a matter of weeks: Shanghaiist

With bike-sharing companies like Mobike becoming incredibly successful in Chinese cities, a few startups have decided to mimic the concept with shareable umbrellas. The only problem: most of the umbrellas have gone missing.

Only a few weeks after starting up operations in 11 cities across China, Sharing E Umbrella announced that it had lost almost all of its 300,000 umbrellas.

via shanghaiist.com

H/t WO. Maybe they don't get the private property concept completely.

https://rightcoast.typepad.com/rightcoast/2017/07/umbrella-sharing-startup-loses-nearly-all-of-its-300000-umbrellas-in-a-matter-of-weeks-shanghaiist.html

| Permalink

Comments