The most interesting players in the ride-hailing market

Erkka Niemi, PhD
Nov 14, 2018 · 3 min read

The latest analyst estimates are that the ride-hailing companies completed 28 billion rides in 2019 with 27% annual growth. In this article, I’ve listed the latest moves of the biggest car manufacturers and some other major players in this field.

Photo by iStock

28 billion rides in 2019 vs 22 billion 2018

The biggest number of rides were provided by:

Over 70% of the rides in Asia — only 5% in Western Europe

Uber has the largest global coverage even though it has exited from several markets: Uber China business sold to Didi Chuxing in 2016, Uber Russia business merged with Yandex in 2018, and SouthEast Asia business sold to Grab in 2018. Uber received shares of the acquiring companies in each of these transactions but has denied all inquiries about any wider consolidation activities.

Several Unicorns with Billions of Funding

Internationally operating ride-hailing companies

Car manufacturers moving to ride-hailing

Technology companies in ride-hailing

References

siili_auto

Leading the way in Automotive Digitalization.

Erkka Niemi, PhD

Written by

Technology enthusiast CTO with a lifelong addiction to skateboarding in Helsinki & Palo Alto @Unikieinc @AaltoUniversity #SelfDrivingCars #DeepTech

siili_auto

Leading the way in Automotive Digitalization. Siili Auto is a digital product development studio focused on the Human Machine Interface of next generation vehicles.

Erkka Niemi, PhD

Written by

Technology enthusiast CTO with a lifelong addiction to skateboarding in Helsinki & Palo Alto @Unikieinc @AaltoUniversity #SelfDrivingCars #DeepTech

siili_auto

Leading the way in Automotive Digitalization. Siili Auto is a digital product development studio focused on the Human Machine Interface of next generation vehicles.

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