The Winnest platform is a cutting-edge business and multifunctional social media platform at the same time

At its core is the concept of a sharing economy.

What is sharing economy?

Sharing economy — is a new business model that has appeared on the market just 10 years ago and was well received by the public. A new generation of companies develops platforms based on the principles of the sharing economy. Sales, rent and exchange of goods between consumers (C2C) and entrepeneurs (B2C) nowadays has become easier thanks to decentralized and cheap platforms offering flexible solutions that satisfy the needs of every user involved.

One of such companies is, for example, Uber. The flexibility of its platform is welcomed by legislations, penetrating the market and influencing its every sector. Considering the constant decrease in the purchasing power of the general public, this model allows everyone to receive stable profits and additional income without going through hoops to enter.

Inspired by these platforms, a new generation of companies is thriving with a number of startups showing exponential growth:

- the revenue of a Chinese restaurant and farm chain, Meicai, after raising $477 million US back in 2014, now reaches $2.8 billion;

- Qutoutiao, a Chinese entertainment website initially raising $100 million US in 2016 is now evaluated at $1.4 billion;

- Caocao Zhuanche, a Chinese eco-friendly car platform that raised $380 million US, is worth $1.6 billion in 2018.

Learn more about how the Winnest platform puts the sharing economy principles to use on our website at http://winnest.io