Is Via Going to Exit the NYC Ridehailing Market?

Shared rides are still banned. What does it mean for the future of the industry, especially Via which we calculate no longer qualifies as a High Volume For-Hire Service (HVFHS)

Before the pandemic started in NYC this is how the market shares of the three dominant (Uber, Lyft, Via) NYC ridehailing players looked, the percentage of their respective trips that were shared and their “shared trip” market share.

A lot has changed since February 2020 as we all know (i.e. two of the above charts cannot be reproduced as there have been no shared trips since the NYC pandemic began in March 2020). While a rebound is happening looking at overall NYC daily trip volume by company reveals Via is being left behind.