Ride-share spending to hit almost US$1 trillion by 2026
Ride-share spending to hit almost US$1 trillion by 2026 American and Chinese consumers are expected to lead the global spend Single-occupancy trips However, the report cautioned that only 13 percent of consumers are set to use carpool-style ride-sharing services in 2026, with the remainder opting for single-occupancy services — reflecting that the majority of consumers are willing to pay a premium for the privilege of travelling alone. It noted that while this is a logical trend given the ongoing pandemic, the emissions generated by single-occupancy services mean platforms must explore non-financial incentives to drive adoption of carpool services....
