How will ride-sharing shape the future of transport? | The Economist

Ride-sharing could transform the concept of car ownership and even the very fabric of our cities. We take a behind-the-scenes look at how Uber and Lyft are helping to shape a global transport revolution.

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The meteoric rise of ride-hailing apps is part of a global transport revolution. Uber, the market leader, is now the world’s most valuable startup.

Around 40m people use the Uber app monthly to summon a car in 450 cities worldwide. Lyft is Uber’s fast-growing rival carpooling accounts for over half of its trips.

Ride-hailing apps are now transforming the logistical fabric of our cities.

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