Market Share of Global Ridesharing Industry
The Global Ridesharing Market is quite fragmented, as there is high competition in the market among major players. Since this market is booming, more new entrants are entering the market, creating more competition with their various unique approaches. And the major players are trying to increase their user base by providing multiple offers where they could utilize the ridesharing apps.
- November 2021 - Mahindra Logistics Ltd. (MLL) acquired Meru Cabs, a ridesharing company. Adding Meru under the MLL brand will further strengthen MLL's mobility business. MLL is already a leader in its Enterprise Mobility Service (ETMS) business, which operates under the 'Alyte' brand. With this acquisition, MLL will enhance its range of mobility solutions with a strategic focus on enterprise customers and electric mobility.
- September 2021 - UCR Partners with Commute with Enterprise to provide vanpool services to commuters living within close proximity of each other and allows them to share the ride to and from the UCR campus. Vanpooling can save their money, reduce wear and tear on their personal vehicle, reduce commute time, help keep the air-breathing cleaner, lower greenhouse gas emissions, and reduce both traffic and parking congestion.
- July 2021 - Lyft, Argo AI, and Ford Motor Company have launched autonomous ridesharing services in Miami, United States, fulfilling a joint commitment to deploy Ford's autonomous vehicles, powered by the Argo Self-Driving System on Lyft's ridesharing network. As part of the collaboration between Lyft and its partners, the debut of this service marks the first time autonomous vehicles are available for ridesharing in Miami. The unique partnership will bring together all components required to build a sustainable autonomous ride-hailing service, including the self-driving technology, vehicle fleet, and transportation network needed to support a scalable business and provide an amazing rider experience.
Ridesharing Market Leaders
Via Transportation, Inc.
BlaBlaCar
Scoop Technologies, Inc.
Didi Chuxing Technology Co
Zimride Inc.
*Disclaimer: Major Players sorted in no particular order
