WEF advisor: M’sia has done fairly well in growing sharing economy

Foodpanda's Instagram account in Singapore has been compromised by a hacker sending out lewd messages to other customers.

GEORGE TOWN: Malaysia can offer an abundance of room for the sharing economy to grow in view of the presence of companies such as Grab, Airbnb and foodpanda, and this sector will become an increasingly essential piece of the overall economic pie in the current digital era.

Wold Economic Forum (WEF) independent advisor April Rinne said the emergence of the modern sharing economy would create a new revenue source by utilising the nation’s under-utilised assets coupled with today’s technology.