Luxury handbags are the latest shareable commodity to arrive in China.
Online users can now rent handbags including brands like Louis Vuitton, Gucci, Chanel and Dior.
Depending on the quality and type of bag, users can pay anything from 99 yuan to 1,878 yuan. The company, Dou Baobao, asks that users pay an additional 30-50% deposit on the overall market price of the bags.
Dou Baobao founder Cheng Kaiwen said that his business model has "economic and environmental" benefits, and said that such services could help Chinese users distinguish between fake and real goods in an increasingly saturated market.
While shareable luxury services already exist in the US and Japan, social media are sceptical about whether this business model can have any measure of success in China.
