How big is UberPool really?

MightyTravels 2016-06-08 at 1.03.14 PM

Kleiner Perkins CB has a new Internet trends report out and, due to their investment in Uber, have access to some privileged data about Uber Pool.

Uber Pool has had 100 million rides since inception in 2014. Given that many Uber Pool rides rather short and cheap (that’s true for San Francisco at least where they started) the revenue is under a billion dollars (still incredible for a two year old business!).

The major investment push in China seems to pay off – especially with Uber Pool rides – that 30 million is very impressive! Did seems to run an amazing 1.57 million car pool rides per day.

It’s fantastic to see how Uber, combined with an unprecedented amount of venture capital has transformed the transportation marketplace. I wish there would be more such businesses around!

HT Tnooz