In May, Bloomberg ran a story titled “China Is the Future of the Sharing Economy.” “Conditions,” it promised, “are ideal for the sector to thrive.” Bike-sharing in the country is now a billion-dollar ...

If you have a habit of regularly misplacing your umbrella, Sharing E Umbrella feels your pain. The startup intends to do what its name suggests: provide shareable umbrellas—like a rain-themed version ...

The concept of sharing umbrellas might have not resonated with Chinese locals who failed to return most of the brollies provided by a new, venture-backed startup Sharing E Umbrella. Less than three ...

*The Chinese are catching on that their "sharing" schemes are underwritten by tons of loose VC money and they're not legally or morally required to "share" anything; they can just dump it or swipe it.

A startup in Shanghai has run into trouble after nearly 300,000 users failed to return their umbrellas after taking them. Sharing E Umbrella announced on Monday that they had lost nearly all of their ...

Researchers have discovered links between a number of different Chinese state intelligence operations and determined that several groups are indeed connected to the Winnti umbrella, known to operate ...