Explore more Categories
Artificial Intelligence involves the science and engineering of developing intelligent machines
The manufacturing world is at a cusp of a new revolution that will redefine conventional business models
IoT will have a major impact on businesses and consumers in the future
The world is creating 2.5 exabytes of data daily
Our research seeks to connect-the-dots across multiple trends
Personal Robots are Set to Be a $19 Billion Market
Strategic Analysis of BREXIT and its Implications to Industries, Economies and Societies
iFrost is a digital platform for interactive and dynamic reporting of data.
The TOEs are a great source of information which gives corporates critical information on companies to action for their strategic investments either as an open source platform or to collaborate and to develop successful products
Ride Sharing Market is Expected to Achieve 667.9 Million Members by 2025 in China
save 15 %
* Required Fields
Pay by invoice
A total of 20.81 billion ride sharing services were offered in China in 2017. The overall ride sharing member size in China has achieved 207.4 million in 2017. The percent share breaks down as follows: commuting ride sharing 45.6%, dynamic ride sharing 32.3%, and fixed long distance ride sharing services 22.1%.Ride sharing services in China are of three types: commuting, dynamic, and fixed long-distance. Commuting and dynamic ride sharing are the most common. They target working adults, university students and intra-city travelers. Fixed long-distance ride sharing is less common due to the large national land area in China. Thus, it is less compatible in regard to time and cost savings when compared to air, rail and bus travel.Internet Plus Strategy encourages the utilization rate increment of passenger vehicle. The common utilization rate is expected to be raised from 4% up to 15% through employing ride sharing services. The strategy will also help solve the congestion issue, especially in tier I cities in China, through the adoption of real-time traffic data. High-occupancy lanes have been established in major cities such as Shenzhen and Chengdu.The Chinese ride sharing market is well developed, with Didi, Dida, AA Pinche, Laihui, and Tiantian being the major participants. These companies lead in terms of number of service offerings, riders. and driver subscriptions. Didi is the market leader. Its large geographical coverage offers a key competitive advantage. The company achieved a 71.4% share of service offerings, 53.1% of riders, and a 49.7% share of drivers in 2017. It was followed by Dida with a 28.5% share of service offerings. Commission-based earnings and monthly subscriptions drive revenues. Commission-based revenue is the charge per ride – 10% in the case of Didi; $0.15 or $0.75 in the case of Dida – and varies by the number of passengers. Monthly subscription revenue ranges $600-$1,400, and varies by the number of rides per month.This research provides an overview of the ride sharing market, along with an analysis of the market, government policies and regulations, market drivers and restraints. It also details profiles of leading ride sharing companies and lists the growth opportunities. It closes with offering conclusions and am outlook for the future.
The aim of this study is to evaluate the ride sharing market and differentiate ride sharing business models in China. It emphasizes the investment, growth opportunities and partnerships within the automotive industry. It is also analogizing the stratagems of the main ride sharing companies in China.
Key Issues Addressed
Strategic Analysis of European New Mobility Value Chain, Forecast to 2030
Strategic Analysis of Global Shared Mobility Value Chain, 2018–2030
Mobility Operating System for Global Smart Cities, 2019
Assessment of the Electric Vehicle (EV) Landscape in Thailand, 2018–2025
Expected Success of Shared Mobility and Implications on Vehicle Ownership, Forecast to 2022
Car Sharing Market in China, Forecast to 2025
Global Supply Chain Logistics Trends and Challenges and Their Implications on CVs, 2018–2025
Strategic Assessment of Shared Mobility Market in India, 2019
Global Mobility-as-a-Service (MaaS) Market, Forecast to 2030
Company Profile of Uber in India, 2019
plastic recycling market
solar energy market
packaged food industry
consumer electronics market
solar energy market
diabetes care devices market
well intervention market
solar panel market
Don't have an account? Create One!
Enter your Email Address here to receive a link to change password.
If you are an existing frost.com user, please register using the same email for seamless access
Already have an account? Login!
Use your Linkedin account to login or register within our store.You're just one click away.