The Rise of Ridesharing

Ridesharing has taken the world by storm. There are countless stories of Uberpreneuers making 6 figure income. (We share some of these stories in our resources section alongside other useful material)

Billions have been awarded to ridesharing apps in VC funding, and there are millions of users as well as tens of thousands of ridesharing drivers.

It may seem like all the ridesharing growth is happening in the US. But Europe isn’t that bad either. There are trans-Europe ridesharing services.

There are Uber drivers who compare their driving stints to ‘meditation’. There are apps which are not well known out of Europe but are doing great within it.

In this infographic, we take a look at what ridesharing is and how well it is doing in Europe.

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Imagine you and your neighbour are going to the movies together; you’re leaving the house at the same time and going to the same location. The logical way to get there is to both go in the same car rather than using twice as much petrol, along with seeming a bit antisocial, by driving separately. Car-pooling and ride-sharing is not a new concept - some research traces it all the way back to 1914 with the Jitney Craze - but in recent years it has been revolutionised by a number of entrepreneurs into more of a phenomenon.

One of the industry’s pioneers, BlaBlaCar launched in 2006 to offer a point of contact for people looking for ride-shares. The company now has approximately 20 million members and has facilitated the sharing of over 3 billion miles. Predominantly serving European countries, BlaBlaCar does not operate in America. Other popular services have since launched, such as Uber in 2009, which is very popular in the United States and operates worldwide.

The two apps operate slightly differently, however; Uber drivers actually make a profit from the lifts they offer, so many drivers are taking this on to earn additional income. On the other hand, BlaBlaCar is more of a cooperative system, where drivers and passengers benefit equally by splitting the travel costs. There are certain requirements to becoming an Uber driver which you can see on Ride Sharing News.

More and more people are starting to use these apps, but if you’re unfamiliar with the whole process, take a look at the infographic below for more information about the ridesharing craze and how it’s taken off in Europe.

Unsurprisingly due to their success and potential, taxi drivers are up in arms about these new services. In the last couple of years, protests have taken place in major cities including London, Paris, Madrid, Rome and Milan by taxi drivers protesting rideshare apps . It’s clear that these apps do pose a threat to traditional taxi services, but how much it will affect the industry remains to be seen.

There are a number of benefits to sharing cars with others, whether or not they are strangers; it saves money on petrol costs for both the driver and the passengers, reduces the amount of traffic on the roads and helps the environment with less vehicle pollution. To illustrate this, BlaBlaCar state on their website that approximately £216 million is saved by their drivers every year and that an estimated 1,000,000 tons of carbon emissions has been saved. It’s clear that these services could have an extremely positive effect on the environment, particularly as their popularity grows and more people take to using them.

Services like Uber have also helped to boost the economy by creating more jobs in the countries which it operates in. Townhall.com claims that around 20,000 new jobs are created each month in America from Uber alone.

Safety of passengers is also ensured by these companies as drivers must include a picture of themselves, their vehicle and license plate in their profile, according to Rideshare. Users looking for a lift can read reviews from other users who have shared a ride with the driver before. For even greater safety, this blog suggests installing a dash cam in your vehicle in case you do get any unsavoury passengers.

The list of ride-sharing apps and websites continues to grow along with the number of countries they are operating in. Early in 2015, Bloomberg announced that Google was looking into developing its own ridesharing service, despite being heavily invested in Uber. This new ridesharing service will perhaps be in conjunction with Google’s driverless cars which are also in development.

The ridesharing business is definitely blooming in Europe and worldwide, and it looks primed to continue its growth in upcoming years.

Imagine you and your neighbour are going to the movies together; you’re leaving the house at the same time and going to the same location. The logical way to get there is to both go in the same car rather than using twice as much petrol, along with seeming a bit antisocial, by driving separately. Car-pooling and ride-sharing is not a new concept - some research traces it all the way back to 1914 with the Jitney Craze - but in recent years it has been revolutionised by a number of entrepreneurs into more of a phenomenon.

One of the industry’s pioneers, BlaBlaCar launched in 2006 to offer a point of contact for people looking for ride-shares. The company now has approximately 20 million members and has facilitated the sharing of over 3 billion miles. Predominantly serving European countries, BlaBlaCar does not operate in America. Other popular services have since launched, such as Uber in 2009, which is very popular in the United States and operates worldwide.

The two apps operate slightly differently, however; Uber drivers actually make a profit from the lifts they offer, so many drivers are taking this on to earn additional income. On the other hand, BlaBlaCar is more of a cooperative system, where drivers and passengers benefit equally by splitting the travel costs. There are certain requirements to becoming an Uber driver which you can see on Ride Sharing News.

More and more people are starting to use these apps, but if you’re unfamiliar with the whole process, take a look at the infographic below for more information about the ridesharing craze and how it’s taken off in Europe.

Unsurprisingly due to their success and potential, taxi drivers are up in arms about these new services. In the last couple of years, protests have taken place in major cities including London, Paris, Madrid, Rome and Milan by taxi drivers protesting rideshare apps. It’s clear that these apps do pose a threat to traditional taxi services, but how much it will affect the industry remains to be seen.

There are a number of benefits to sharing cars with others, whether or not they are strangers; it saves money on petrol costs for both the driver and the passengers, reduces the amount of traffic on the roads and helps the environment with less vehicle pollution. To illustrate this, BlaBlaCar state on their website that approximately £216 million is saved by their drivers every year and that an estimated 1,000,000 tons of carbon emissions has been saved. It’s clear that these services could have an extremely positive effect on the environment, particularly as their popularity grows and more people take to using them.

Services like Uber have also helped to boost the economy by creating more jobs in the countries which it operates in Townhall.com claims that around 20,000 new jobs are created each month in America from Uber alone.

Safety of passengers is also ensured by these companies as drivers must include a picture of themselves, their vehicle and license plate in their profile, according to Rideshare. Users looking for a lift can read reviews from other users who have shared a ride with the driver before. For even greater safety, this blog suggests installing a dash cam in your vehicle in case you do get any unsavoury passengers.

The list of ride-sharing apps and websites continues to grow along with the number of countries they are operating in. Early in 2015, href=“http://www.bloomberg.com/news/articles/2015-02-02/exclusive-google-and-uber-are-going-to-war-over-taxis?hootPostID=86b6175a61f6b983b08a1c1055694458>Bloomberg announced that Google was looking into developing its own ridesharing service, despite being heavily invested in Uber. This new ridesharing service will perhaps be in conjunction with Google’s driverless cars which are also in development.

The ridesharing business is definitely blooming in Europe and worldwide, and it looks primed to continue its growth in upcoming years.

Additional Resources

It should be noted that not all the resources below are Europe-specific; many are from American-centric. We feel it is good to have non-European resources as well in this list so as to draw inspiration and hope that it will give ideas and inspirations to ridesharing and carpooling enthusiasts, passengers, drivers and entrepreneurs more ideas.

We have divided the sources into categories like success stories apps, news & articles, tips for drivers, and courses.

Success Stories

Uberprenuer: How an Uber Driver Makes $252,000 A Year

http://www.forbes.com/sites/jonyoushaei/2015/02/04/the-uberpreneur-how-an-uber-driver-makes-252000-a-year/

Uber Success Stories (from SuccessStory.com)

http://successstory.com/companies/uber

This is How much Uber and Lyft Drivers Make in Different (US) Cities

http://www.fastcompany.com/3048563/fast-feed/this-is-how-much-uber-and-lyft-drivers-make-in-different-cities

Uber Driver’s Experiences in Norway

http://www.businessinsider.com/i-drove-for-uber-for-a-week-heres-what-its-really-like-2015-2

Why Uber Driving is for Introverts and Other Ridesharing Tales

http://www.fastcompany.com/3027117/why-uber-driving-is-for-introverts-and-other-ridesharing-tales

Apps

EkoRoad: The First Trans-European Carpool Application

http://www.ekoroad.com/

Ridefinder: Carpooling and Ridesharing Across Europe

http://www.ridefinder.eu/

Best Apps for Carpool and Rideshare in 2015

http://greenlivingideas.com/2015/07/22/15-best-apps-for-carpool-and-rideshare-in-2015/

Rideshare

http://www.rideshare.com/

Top 10 Cars for Ridesharing

https://www.thezebra.com/insurance-news/1358/top-10-cars-for-ridesharing/

News and Articles

Ridesharing in Europe: The Race Between BlaBlaCar and carpooling.com

http://tech.eu/features/481/ride-sharing-europe-carpooling-blablacar/

Smartphone Apps for Travellers:

https://www.ricksteves.com/travel-tips/phones-tech/apps-for-travelers

Obama Guru Maps Out Uber’s New Europe Strategy

http://www.politico.eu/article/uber-new-europe-strategy-obama-campaign-guru-david-plouffe/

Uber With a Five-Minute Wait? Jailed Execs? Europe’s War With the Taxi App is Getting Nasty

http://qz.com/514005/uber-with-a-five-minute-wait-jailed-execs-europes-war-with-the-taxi-app-is-getting-nasty/

Uber Under Fire in Europe Again

http://money.cnn.com/2015/09/30/news/companies/uber-in-trouble-london-paris-amsterdam/

Ridesharing Service Offers $1,000 to Sign Up; Drivers Worry They’ll Lose Out

http://kdvr.com/2015/03/04/ride-sharing-service-offers-1000-to-sign-up-drivers-worry-theyll-lose-out/

Becoming Rideshare Driver

http://www.bankrate.com/finance/jobs-careers/becoming-rideshare-driver-1.aspx

The Ridesharing Business: Playing Pundit

http://aswathdamodaran.blogspot.com/2015/10/the-ride-sharing-business-playing-pundit.html

Cab Drivers (in US) Fight Back as Uber Looks to Expand

http://blog.qstc.net/index.php/2015/12/28/cab-drivers-fight-back-as-uber-looks-to-expand-to-upstate-new-york-albany-n-y-new-york-state-lawmakers-returning-to-albany-next-month-will-debate-whether-to-allow-uber-to-expand-into-upst/

Google Moves Into Ridesharing with New App

http://www.forbes.com/sites/ellenhuet/2015/07/06/google-moves-into-ridesharing-with-new-carpooling-app-from-waze/

Google Waze Carpooling

http://money.cnn.com/2015/07/06/technology/google-waze-carpooling/

Uber vs Lyft Shootout

http://therideshareguy.com/uber-vs-lyft-shootout/

Seniors, Millenials Embrace Ridesharing Services

http://www.autoblog.com/2015/11/20/senior-citizens-millenials-ride-sharing/

Uber is More Valuable Than American Car Companies

http://nypost.com/2015/12/04/uber-is-more-valuable-than-american-car-companies/

Why Becoming a Ridesharing Driver is Now the Best Driving Job

http://www.techburgeon.com/2015/12/why-becoming-a-ridesharing-driver-is-now-the-best-driving-job/

The Rideshare Saga: A Year of Lyft and Uber in Pittsburgh

http://www.post-gazette.com/business/money/2015/02/08/The-ride-share-saga-A-year-of-Lyft-and-Uber-in-Pittsburgh/stories/201502020158

Is Chicago Retreating from Threats Against Uber and Ridesharing Services?

https://www.illinoispolicy.org/is-chicago-retreating-from-threats-against-uber-and-ridesharing-services/

Tips for Rideshare Drivers

Best Auto Insurance Options for Rideshare Drivers (US)

http://www.nerdwallet.com/blog/insurance/best-auto-insurance-rideshare-drivers/

Tax Tips for Ridesharing Drivers (US)

http://taxes.about.com/od/business-and-professional/fl/tax-tips-for-ridesharing-drivers.htm

Courses

Maximum Ridesharing Courses

http://maximumridesharingprofits.com/

Ridesharing Courses from The Ride Share Guy

http://therideshareguy.com/category/maximum-ridesharing-profits/

The Lyft and Uber Driver Training Course

http://ridesharedashboard.usefedora.com/courses/free-lyft-uber-driver-training