Ep 92: Riding The Wave Of China's Sharing Economy

China Paradigms

China Paradigms interviews Hammer Guan founder and CEO of Youbangxin an online platform and a powerful tool for freelancers to showcase their skills. What is the sharing economy and why is Youbangxin functioning in this type of economic sector? How important is transparency for Youbangxin and what makes this platform different from any other platforms on the market? We find out the answers to these questions and many others in this new China Paradigm podcast! Skip to the highlights: 0:10 Guest introduction 1:14 What is Youbangxin? 2:25 Understanding Hammer Guan's business - company size and other information 4:16 How does it work? - Youbangxin's business model 5:25 The limitations of B2C business model in China 9:21 Life as an entrepreneur – a journey from employee to CEO 12:40 Youbangxin's marketing strategy – not just a platform but a powerful tool for freelancers 15:19 How does Youbangxin attract professionals to use the platform? 16:41 How can freelancers find Youbangxin? 19:00 What makes Youbangxin different than other platforms like it on the market? 22:03 Becoming fully transparent - Youbangxin's transparency policy 24:29 What is Youbangxin's validation process for professional freelancers? 28:50 Combating false reviews - Youbangxin's filter mechanism 33:06 The sharing economy - why is Youbangxin functioning in this sector? 35:22 Has the Chinese government helped Youbangxin to grow by funding the business? 39:20 The difficulties of maneuvering the sharing economy - Hammer Guan's tips 43:39 Feeling the growth - China's shared economy market's potential 48:53 What book does Hammer Guan recommend for reading to stay up to date with business in China? 50:05 Outro Learn more about Youbangxin: www.youbangxin.com Listen & Subscribe: YouTube: https://www.youtube.com/channel/UC2y6ixpQB1WIs6GMdUeoq4g Website: http://chinaparadigm.com/ Thanks for listening! If you like what you hear, do us a favor and write a review on iTunes. What is China Paradigms Podcast? China Paradigms is the China Business Podcast for entrepreneurs and China watchers. Learn from business professionals in China on our China Paradigms.