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.
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.