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Yes, even the most honest person on the planet will jack your umbrella, and now we have proof. Sort of. 

It was a noble idea: Bring the same innovation that has made bike-sharing an international success story to all the businesspeople and commuters who need an umbrella when unexpectedly caught in the rain. 

But what China-based startup E-Umbrella didn’t count on is the fact that, unlike shared bikes, when someone gets a hold of a good umbrella, they don’t really want to let go. According to a report from Caixin Global, the company lost a whopping 30,000 umbrellas after just a few days. Read more…

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