Ridesharing adoption up in Q3

Travel News 01 Oct 2015

In North America, ridesharing services expenses continued to gain on taxis and rental cars in the third quarter, according to Certify’s SpendSmart report, which is based on analysis of 8.5 million expense receipts.

Rideshare services accounted for 34% of overall ground transportation spending in the third quarter. That's up three percentage points from last quarter and double its share from the same period last year. The increase over the past 12 months has come equally from taxis (22% of ground transportation spending in the third quarter) and rental cars (44%).

While Uber continues to dominate the ridesharing market, Lyft is gaining among corporate travellers. Spending with Lyft grew 60% from last quarter and 158% year over year.