The sharing economy is booming. Here are 16 companies benefiting from it

A Credit Suisse report analyzes the listed companies for which the sharing economy is an opportunity to grow. Many are traditional

Published on 26 Apr 2016

The sharing economy is growing faster than Facebook, Google and Yahoo combined.

The sharing economy has generated revenues of over $ 15 billion in the last (and its first) seven years, while the web giants mentioned above, have produced only $ 11 billion.

(Data source: Compare&share)

Uber, Airbnb, Blablacar are not the only ones to benefit from this.

Credit Suisse has created a document that offers a list of 16 companies that will greatly benefit in the coming years from the sharing economy. The most interesting element is that the majority of these top 16 are just traditional companies, as the sharing economy ultimately gives rise to a sort of “satellite activities”.

Here is the listed top 16 ramping up hand in hand with the sharing economy and on which, according to analysts of Credit Suisse, investment is a must.

Avis Budget and Hertz: both giants of car rental, they could benefit from the car sharing booming, increasingly popular for getting around the city. Buying a car is an even more unpopular choice for those living in town, but on long-distance journeys combining car sharing and car rental, will be the winning choice.

Axa: companies such as Uber and Zipcar, which are spreading worldwide, could be a powerful partner for the corporation of financial and insurance services. Somehow these companies should consider more comfortable and convenient to rely on a single insurance company able to serve them worldwide, instead of relying (as today) on local companies.

JC Decaux and Shimano: bike sharing instead will bring benefits to companies such as JCDecaux as it is already “one of the largest global players in bike sharing” and Shimano, that being a producer of bicycle elements, will receive an indirect benefit.

HomeAway and TripAdvisor: the first is already a billion-dollar company, in the home sharing sector, which will continue to grow very quickly; the second, as a platform dedicated to reviews sharing, has a mutual boost synergistic link with companies such as Airbnb and HomeAway.

Amazon: in terms of logistics has already embarked an expansion in service delivery (Amazon Flex, on-demand delivery service based on freelance activity); offering second-hand goods, it fully enters the sharing economy sector.

Linkedin: even the recruiting industry gets a positive indirect effect from the sharing economy, which is based on P2P connection in work relations. A platform such as Linkedin is synergistic to this new workforce recruitment system and may also be used by large corporations.

Regus: the corporation leader in office rental will find nourishment in office sharing, according to Credit Suisse analysts, and will grow in tandem with the growth of the sector of self-employed and freelance, and with the growth of co-working areas.

LendingClub and Visa: the first loan system among people based on online platform. Its worth today is nearly $5bil. According to analysts it has an income higher than US bonds. It also has lower cost compared to mainstream banks. Although in recent months it has had problems with the Supreme Court of the United States resulting in a loss of 30% of the stock price, analysts have a positive opinion of this alternative finance system. The benefit of Visa, is a consequence as it is an investor in companies, like Lending Club.

eBay and MercadoLibre: eBay is a reference of the second hand market and will continue to benefit from its established role in the sharing economy. Even MercadoLibre, eBay twin operator of Latin America listed on Nasdaq, which will benefit from the increase in the share (and sales) of second-hand goods.

Facebook and Yelp: analysts believe that social media are the media key platform for the sharing economy, as users love these platforms to review, report and discover services. Both in the case of Facebook and Yelp (used especially in the US) the growth will be proportional to the growth of the sector.

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