December 7, 2018

SharesPost Research: Global Ride-Sharing Bookings to Double in Next Three Years to $400 Billion

SAN FRANCISCO–(BUSINESS WIRE)–Annual gross bookings for the world’s major ride-sharing companies will double to $400 billion by 2021, powered by triple-digit growth in Asia and declining car ownership by Millennials, according to new research from SharesPost. In 2018, an estimated 800 million to 850 million users were spending an average $20 to $25 per month on ride-sharing apps, generating annual gross bookings of $175 billion to $225 billion. Over the next three years, ridership will grow 5

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