![]() ![]() ![]() ![]() People find ridesharing services such as Uber and Lyft to be more user-friendly and affordable than taxis. Public transportation has become less popular since the beginning of the COVID pandemic. What makes ridesharing the mode of transportation of choice for so many Chicagoans? This generated $5.65 billion in bookings alone. In fact, in 2020, nearly a quarter of Uber’s trips occurred in just five cities-Chicago, Los Angeles, New York City, São Paulo, and London. However, large metropolitan cities such as Chicago account for the vast majority of ridesharing trips. They are multinational giants who offer their services in all types of regions, from urban to rural. Uber and Lyft are the dominant ridesharing apps in the United States, with 68% and 30% of the market share in 2020, respectively. ![]()
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