Better to barter [News]

December 8, 2011 by  
Filed under News

By Grace Chua, The Straits Times, 8 Oct 2011.

Instead of buying toys for her daughter, a housewife rents them. A Singaporean tutor learnt to drive in the United States by swopping his computer-repair skills for lessons.

And a young couple who traded his Hindi for her Mandarin even hit it off and tied the knot.

A new breed of consumers is renting, sharing, swopping and bartering, and a growing number of start-ups are popping up to meet their needs.

While such ‘collaborative consumption’ has been around for years, technology is playing a bigger role than before.

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