Sharing Economy Growth in Europe!

Thanos Paraschos, Co-Founder

Sharing Economy Growth in Europe

Sharing Economy Growth in Europe - ForEMOsT Chania, Greece, 29-30 August 2016

ForEMOsT International Conference

“Entrepreneurship In Turbulent Times”


Contents

1. What is Sharing Economy

2. Sharing Economy VS Traditional Economy

3. Why Sharing Economy

4. Sharing Economy Global (Startups, Trends, Prospects)

5. Sharing Economy in Europe (Startups, Trends, Prospects)

6. References

1. What is Sharing Economy

The SHARING ECONOMY or ‘collaborative economy’ or ‘peer-to-peer

economy’ or ‘demand economy’ is….

A system built around the sharing of human, physical and intellectual

resources.



1. Sharing Economy Growth and Tech

The SHARING ECONOMY uses technology to help people &

organisations access, share and trace idle resources.

The SHARING ECONOMY is growing faster than Facebook, Google

and Yahoo combined.

2. Sharing Economy VS Traditional Business


2. Sharing Economy VS Traditional Business





3. Sharing Εconomy in World



3. Sharing is Caring

4 trillion of unused resources worldwide… homes, clothing, food

40,000 people die each day without access to food, shelter, water

13 million meals diverted from landfill to people in food poverty in UK

Craiglist diverted 5million tonnes of good from landfill in 2014


Uber had 180 million rides in 2014, doesn’t own a single taxi, cab, or

towncar.

Airbnb has over 23 million guest, doesn’t own a single bed, bath or bar.

4. Sharing Economy Startups Global

4. Sharing Economy Startups Global



4. Sharing Εconomy Evaluation

4. Sharing Εconomy Evaluation



5. Sharing Εconomy Evaluation in EU








5. Sharing Εconomy Startups in EU

Deliveroo – UK 2013/ 10 countries food delivery

275m investment

Glovo - FRA,ITA,SPA, 2015 errand on demand

5m investment

Stuart - FRA,ITA,SPA,UK,2016 on demand delivery service

22m investment

Supermercato24 – IT, 2014 groceries on demand

3m investment – 3000 shoppers

Supermarketnow.gr 2016 groceries on demand Chania


Trust

Safety & Privacy

Ease of sharing

5. Sharing Εconomy Barriers / Summary


REFERENCES

[1] Company, McKinsey. How the sharing economy can make its case. (August 15, 2016). http://www.mckinsey.com/business-

functions/strategy-and-corporate-finance/our-insights/how-the-sharing-economy-can-make-its-case [Accessed August 16, 2016].

[2] Davies, Julia Kollewe and Rob. EU backs sharing economy in boost for Uber and Airbnb. (June 2, 2016).

https://www.theguardian.com/business/2016/jun/02/eu-commission-backs-sharing-economy-uber-airbnb [Accessed August 16,

2016].

[3] Economist. The rise of the sharing economy. (March 9, 2013). http://www.economist.com/news/leaders/21573104-internet-

everything-hire-rise-sharing-economy [Accessed August 16, 2016].

[4] Parekh, Alberto Marchi and Ellora-Julie. McKinsey & Company. (December 31, 2015). http://www.mckinsey.com/business-

functions/strategy-and-corporate-finance/our-insights/how-the-sharing-economy-can-make-its-case [Accessed August 16, 2016].

[5] Publishing, Harvard Business. The On-Demand Economy Is Growing, and Not Just for the Young and Wealthy. (April 14,

2016). https://hbr.org/2016/04/the-on-demand-economy-is-growing-and-not-just-for-the-young-and-wealthy [Accessed August 16,

2016].

[6] KOKALITCHEVA, KIA. venturebeat: These 5 types of on-demand services will get even bigger in 2015. (January 1, 2015).

http://venturebeat.com/2015/01/01/these-5-types-of-on-demand-services-will-get-even-bigger-in-2015/ [Accessed August 16,

2016].

6. References

Thank you!


Small Business & Entrepreneurship

Sharing Economy Growth in Europe!