Ride-hailing

As construction slumps and manufacturing automates, 53 million Chinese people have found employment in food delivery and ride-hailing sectors. These workers are reported to be doing so for low wages.

GoTo Group, an Indonesian ride-hailing and food delivery platform, faces potential exclusion from MSCI Inc.'s indexes. This review follows a sharp plunge in the company's share price, which has left its stock difficult to trade.

Hong Kong's taxi and ride-hailing industry faces regulatory changes as the administration moves to overhaul the system, focusing on public interests. Uber, operating in a regulatory grey area for over a decade, is part of this impending transformation.

India’s gig internet workforce is projected to reach 17-21 million by 2030, according to Bengaluru-based firm Redseer. Full-time gig workers in delivery, ride-hailing, and home services earn up to 2.5 times the monthly net income of workers in comparable formal and informal occupations.

A study by Len Sherman of Columbia Business School found Uber's take rate in ride-hailing fares has risen above 50% in some cities, up from 15-20% a decade ago. Uber disputes the findings, claiming an average take rate of 21% in Q3 2025. The analysis tracked three drivers' data across Dallas, Miami, and Tampa over nine years.

Hong Kong’s taxi trade warns that 10% of cab owners could default on vehicle mortgages as taxi licence values decline. Many drivers are shifting to a new ride-hailing system that will issue 10,000 permits, contributing to the drop in traditional taxi licence prices.

Rising fuel costs and fares are altering ride-hailing usage in Lagos, with some commuters increasing reliance while others reduce use or switch to cheaper transport options.

Waymo, a Google subsidiary, is testing self-driving cars in London with human supervisors on standby. The initiative marks a step toward achieving fully autonomous ride-hailing services.