Insights into the ride-hailing industry in 2020
In this report, we will provide insights into how the ride-hail industry has fared in 2020, including the COVID-19 pandemic.
In this report, we provide insights into how the ride-hail industry has fared during 2020. This, of course, includes the effects of the COVID-19 pandemic.
We examine how driver earnings, driver utilization, driver supply, driver incentives, and tipping have fluctuated during the pandemic. Insights include:
- Median per-hour driver earnings decreased more than 40% nationally during certain weeks in March;
- Driver trips per hour decreased 31% during certain weeks in March;
- Although driver supply is rebounding, more than 65% of drivers either switched to delivery or got off the road entirely;
- Ride-hail companies increased their use of incentives to get drivers back on the road by over 160% during certain months in the Summer;
- Ride-hail tipping decreased by more than 40% in March.