Still, few companies in the sharing economy have reported profits so far, not even car-sharing king Didi.
"If you look at it from the perspective of generating profits, then yes, there is a huge bubble. But if you look at internet businesses, the online to offline business, the video websites and the e-commerce businesses, they are no different, they've absorbed even more investment than the sharing economy. Many entrepreneurs and investors nowadays are just trying to get in and become a number one player in some small city, and then wait to be bought by bigger players and cash out. If they can get real money by selling their business, it is not a failure for them," said Independent TMT Analyst Wei Wuhui.