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The ride-sharing industry includes a diverse group of companies from around the world. These businesses offer services ranging from carpooling and bike-sharing to specialized transport for children.
Estonia's Bolt has reached an $11 billion valuation, while India's Ola has secured $5 billion in funding. In the United States, Zum focuses on child transportation and recently joined the unicorn list.
Below is the full list of 11 Ride Sharing unicorn startups at this time.
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Get the Sheet for $50Bolt operates a mobility super-app offering ride-hailing, food delivery, and shared scooter and car services. They focus on making urban travel and delivery more affordable and accessible through a single, convenient platform.
Ola built a massive mobility platform that offers ride-hailing services connecting customers to a wide range of vehicles, from bikes to cabs. They are also a major player in the electric vehicle market, producing their own line of popular electric scooters.
Hello TransTech runs a major mobile travel platform for short-distance commuters across China. They first became known for their shared bikes before expanding their services to include e-bikes, ride-hailing, and carpooling.
Ofo developed a station-free bike-sharing platform that let users find and unlock bicycles through a mobile app. Their service became known for its fleet of bright yellow bikes and the convenience of a dockless system, which helped define the micro-mobility market.
TIER Mobility operates a shared micro-mobility service with electric scooters, bikes, and mopeds available through its app. They offer a sustainable alternative to personal cars for short urban trips, aiming to reduce traffic and emissions in cities.
BlaBlaCar runs a long-distance carpooling platform that connects drivers with empty seats and passengers looking to share a ride. They are known for making travel more affordable by allowing people to easily split the costs of a journey.
Cabify builds a multi-mobility platform that offers ride-sharing, scooters, and other transportation options for getting around cities. Their service provides personal and business travel solutions designed to be a safe and accessible alternative for urban mobility.
Zum provides a modern transportation platform for school districts and busy families seeking safe and reliable rides for children. Their technology-driven service modernizes the traditional school bus system with features like real-time tracking and optimized routing.
inDrive operates a global mobility platform that puts the power of negotiation back into the hands of passengers and drivers. Their app allows users to propose a fare for their ride, creating a real-time marketplace for transportation and other urban services.
Qingju provides bike-sharing platforms and services for on-demand urban transportation. They manage a large fleet of shared rides, including electric bikes, to help people navigate cities more easily.
The ten most valuable companies get most of the headlines, but they don't tell the whole story. The ride-sharing boom is a global one, with new contenders popping up all over the world.
This last company, for example, was founded in China and has already raised over 17 billion yuan. Here is a closer look at the final ride-sharing unicorn to make the list.
| Unicorn Startup | Country | Year Founded | Amount Raised | Valuation |
|---|---|---|---|---|
| China | 2019 | CN¥17.5B | $1B |
