China's latest sharing startup: Shareable luxury cars

A CHINESE startup in Hangzhou has taken the sharing business to the next level. It is offering shareable luxury automobiles.

Clients will be able to rent a luxury car such as Nissan GT-R and a Rolls-Royce for between 300 yuan to 600 yuan (RM195 to RM390) an hour.

However, hiring a McLaren P1 will set you back 15,000 yuan (RM9.73) an hour.

We will see if this startup will drive to success with this business model.