Top 5 Ridesharing Companies Worldwide: Market Growth & Autonomous Vehicles 2024

The global ridesharing market is expected to grow at a CAGR of 16.8% during the period 2025-2034. Ridesharing is an environmentally-friendly and cost-effective way of commuting. Ridesharing is also thought to decreases emissions and help prevent traffic congestion. Over the years, the exercise of accessing an app or website to place a call for means of transport has increased rapidly. The ridesharing industry is based on sharing the vehicle with other people by making stops along the way.

Growing population and expanding global industrialization has led to a boom in the ride-sharing industry in recent years. Decreasing dependence on single-occupancy vehicles is considered a possible solution to relieving traffic congestion. Advances in technology have led to an increase in popularity of ridesharing. Technological advancements are expected to drive the global ridesharing market even further. North America, Europe and Asia Pacific are likely to be key markets.

Ridesharing News: Autonomous Tech & Global Expansions 2025

February 2025: Uber announced the opening of Uber Saarthi, a private vehicle ridesharing service, in Assam. Women and veterans will now be able to use their private vehicles on the Uber platform to travel and earn money, thereby expanding economic prospects while meeting the state's transportation demands.

February 2025: A new app for ride-hailing Pure Ride was introduced. The service guarantees fair compensation for drivers and reasonable fares for passengers. Edison Go Tan, the chief operating officer of Pure Ride, stated that although all Philippine transport network companies use the same rate matrix, the new company will not take advantage of the maximum surge pricing permitted by the Land Transportation Franchising and Regulatory Board (LTFRB).

December 2024: WeRide and Uber Technologies, Inc. declared the start of their ride-hailing collaboration in Abu Dhabi. With this debut, Uber is offering autonomous vehicles (AVs) for the first time outside of the United States and China. It is also the biggest commercial robotaxi service outside of these two countries.

May 2024: A new rideshare business, Wridz, located in Texas, was introduced as Uber and Lyft prepared to depart Minnesota. The company operates on a subscription basis, where drivers receive 100% of their fares in exchange for a monthly charge.

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Top 5 Ridesharing Companies: Autonomous Vehicles & Mobility Trends

1. Uber Technologies Inc.

Uber Technologies Inc. offers ride hailing services. Serving customers across the globe, the company builds applications for road transportation, ride sharing, navigation, and payment processing solutions. Uber has evolved into an international platform, from linking rides on four wheels to two wheels to eighteen-wheel freight deliveries.

2. DiDi Global Inc.

DiDi Global Inc. is a major mobility technology platform. The company offers a variety of app-based services across Latin America, Asia-Pacific, and Africa, and in Russia and Central Asia; services include ride-hailing, taxi-hailing, chauffeur, hitch and other types of shared mobility and auto solutions, intra-city freight, food delivery, and financial services.

3. Lyft, Inc.

Lyft, Inc. offers online ridesharing services. The company provides car transportation, ride booking, and payment processing services in USA and certain cities in Canada.

4. ANI Technologies Private Limited (Ola Cabs.Com)

Ola is India’s largest mobility platform and a major international ride-hailing company; Ola serves more than 250 cities across Australia, India, UK, and New Zealand. The Ola app provides mobility solutions by linking customers to a variety of vehicles (auto-rickshaws, bikes, cabs, metered taxis) and drivers, allowing consumers transparency and convenience. In India, Ola’s core mobility offering is assisted by Ola Electric - its electric-vehicle arm.

5. Cabify Spain SLU

Cabify Spain SLU, a signatory member of the UN Global Compact, links private users and companies possessing means of transport most appropriately suiting their requirements. The company seeks to reduce street congestion through technology and by providing quality and safe transport options. Cabify has presence in Spain, Brazil, Argentina, Colombia, Chile, Spain, Ecuador, Panama, Mexico, Uruguay, Peru, Portugal and the Dominican Republic.