For bicycle sharing schemes, yes, for many other projects/companies, NO. There are lots meaningless 'sharing economy' projects out there are for the solo purpo

For bicycle sharing schemes, yes, for many other projects/companies, NO. There are lots meaningless 'sharing economy' projects out there are for the solo purpose of getting cheap VC money. The whole 'sharing economy' term is just an convenient slogan used to sell their meaningless & never profitable project. The most stupid one I've ever seen is the the shared power bank rubbish. You can buy a brand name highly reliable power bank from jd.com for $7, if that is too expensive, jd.com has $3 power bank available as well. Yet, people still started numerous shared power bank companies asking for $15 deposit to rent their dirty & ugly power bank for a fee. That being said, it does offer some good entertainments for the public - Wang Sicong, the only child of the richest Chinese promised to eat poo should such power bank sharing schemes can end up being successful.