Welcome to our dedicated page for Sharing Economy news (Ticker: SEII), a resource for investors and traders seeking the latest updates and insights on Sharing Economy stock.
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Sharing Economy International Inc. (SEII), through its subsidiary ECrent, aims to promote sustainability by facilitating a global rental marketplace. Founded in 2013, ECrent allows users to rent a variety of items, helping reduce overconsumption and waste. With operations in over 40 countries, ECrent encourages the sharing economy and green entrepreneurial efforts. Co-founder Jefferson Pak Hei Chan emphasizes the platform’s role in fostering social equity and environmental responsibility, aspiring to expand further into the U.S. market.
Sharing Economy International, Inc. (SEII) announced a Marketing Agreement with ATV Cultural Entertainment in Hong Kong to enhance its marketing efforts. ATV will provide marketing planning and production services, including promotional advertising for SEII and arranging Miss Asia pageants as brand spokespersons. SEII aims to launch aggressive marketing campaigns in 2021, targeting the Asia and USA markets to relaunch its ECrent platforms. The company plans to leverage blockchain technology to drive its global sharing and rental business models.
On Sept. 29, 2020, Sharing Economy International Inc. (SEII) announced its transformation toward developing global sharing economy solutions, addressing the increased market demand for environmentally friendly practices spurred by global awareness of climate change and the COVID-19 pandemic. SEII's strategy involves expanding its two platforms, ECrent and Buddigo, and the introduction of a rental business segment focused on commercial properties and electric vehicles. The company aims to leverage big data and AI, while also seeking strategic partnerships and potential financing to secure growth.