Bike-sharing in urban Japan

The so-called sharing economy has spread to a variety of fields such as cars and homes, and Japan has seen another rising trend in recent years—bicycles.

A growing number of municipalities and private firms are providing bikes to gauge whether such services will catch on.

According to NTT Docomo Inc., which has been teaming up with municipalities to offer a bike-sharing service on an experimental basis, its bicycles were used about 1.8 million times in fiscal 2016, which ended March 31, up from 20,000 in fiscal 2012.

Docomo, Japan’s largest mobile phone carrier, is partnering with Koto, Chiyoda, Minato, Chuo, Shinjuku, Bunkyo and Ota wards in Tokyo. Around 4,200 two-wheelers were available at 281 “stations” as of March. Docomo also offers bike-sharing in the cities of Yokohama, Sendai, Hiroshima and Naha, Okinawa Prefecture.

Please explain what you understand by the term "sharing economy". Do Homework
What examples of the "sharing economy" can you think of? Have you ever made use of such services? Do Homework
Do you think bike-sharing in Toyko will take off? Do Homework