Evolving Consumer Preferences, Rising Competition, and Advanced Technologies to Power China’s Shared Mobility Market

Evolving Consumer Preferences, Rising Competition, and Advanced Technologies to Power China’s Shared Mobility Market

Mature ridehailing segment to be offset by emerging ridesharing, car rental, and bikesharing segments offering strong growth potential. By Ming Lih Chan, Research Manager – Mobility Rapid urbanization and evolving consumer behavior will underpin the continued expansion of China’s shared mobility market. As Chinese Tier I and Tier II cities grapple with increasing traffic congestion and risin…