On-demand transportation in China
- Bicycles
- China
- China-bike
Last week, Mary Meeker of Kleiner, Perkins, Caufield and Byers published her annual internet trends report. You can find it here , if for whatever reason it is not showing up below. Also, here is last year’s Internet Trends 2017 presentation in case you’re curious.
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Internet Trends Report 2018 from Kleiner Perkins Caufield & Byers
One slide that stood out for me is the one below. It shows the global demand for transportation trips booked through smartphone apps. The numbers include on-demand taxis, private for-hire vehicles, as well as on-demand motorbikes and bicycles.
China, through a combination of cars and bicycles, makes up 68% of the global share. It looks to be over 5 billion completed trips in Q1 2018. A staggering number. At the same time, look at how much of that is a result of growth in the number of bicycle trips.