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How many ride-share trips occur in the US daily?

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Clarification:

Are we taking about the ride share trip that are paid and on the aggregator platforms? Or just about any ride share/car pool? Answer: Only paid one on the platforms

Can I assume that we are looking to get this information for a weekday? Answer: Yes

 

Ride share trips daily = Total ride share trips in tier 1 cities + Total ride share in the rest of the country

 

Total US population: 400 MM

Assuming that is equally split between groups of 1-10, 11-20 etc.

Now the people who use such apps are supposed to be 18+, so we are left with

 

Age bracket

Population

Eligible to sign up on the app

 % signed up

Signed up on the app

0-10 years

50 MM

0

na

 

11-20 years

50 MM

10 MM

80%

8 MM

21-30 years

50 MM

50 MM

60%

30 MM

31-40 years

50 MM

50 MM

50%

25 MM

41-50 years

50 MM

50 MM

40%

20 MM

51-60 years

50 MM

50 MM

20%

10 MM

61-70 years

50 MM

50 MM

10%

5 MM

71-80 years

50 MM

50 MM

0%

0

 

 

 

Total:

98 MM ~ 100 MM

 

 

Of the 100 MM users who are on the app, assume that 30% are from tier 1/big cities.

Since the office goers in the age of 21-40 are frequent users of the cabs in bigger cities, I have assigned the % of the cab users based on their demographics and where they live

 

Below are the calculations for tier 1 cities vs the rest of the country

Age bracket

Tier 1 split @ 30%

People using Cab ride on a given day

Tier 1

People using shared ride/pool option
Tier 1

0-10 years

 

 

 

11-20 years

2.4 MM

@20% = 0.48 MM

@70% ~ 0.35 MM

21-30 years

9 MM

@50% = 4.5 MM

@50% ~ 2.25MM

31-40 years

7.5 MM

@40% = 3 MM

@40% ~ 1.2 MM

41-50 years

6 MM

@30% = 1.8 MM

@20% ~ 0.36 MM

51-60 years

3 MM

@10% = 0.3 MM

@10% ~ 0.03 MM

61-70 years

1.5 MM

@5% = 0.075 MM

0

71-80 years

 

 

 

Total

30 MM

~ 10 MM

~ 4 MM

 

Due to number of people going in the same direction being lesser for smaller cities/town, the shared ride may not be available or a popular option

 

Age bracket

Tier 2 split @ 70%

People using Cab ride on a given day

Tier 2

People using shared ride/pool option
Tier 2

0-10 years

 

 

 

11-20 years

5.6 MM

@10% =0.56MM

@30% ~ 0.17 MM

21-30 years

21 MM

@25% = 5.25 MM

@30%  ~ 2.25 MM

31-40 years

17.5 MM

@20% = 3.5 MM

@30% ~ 1.05 MM

41-50 years

14 MM

@15% = 2.1 MM

@20% ~ 0.42 MM

51-60 years

7 MM

@5% = 0.35 MM

@0  = 0

61-70 years

3.5 MM

@0% = 0

 

71-80 years

 

 

 

Total

70 Mm

~12 MM

~ 4 MM

 

So including Tier 1 city shared rides and rest of the US shared rides, we arrive at 8 MM shared rides daily

 

That seems like a reasonable number, considering 2 people on an average taking a shared ride, so a total of 16 MM people in the US taking cab/taxi service everyday

 

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