Southeast Asia’s car-sharing platforms ride surge in demand due to the pandemic

Photo by why kei on Unsplash

The pandemic may have emptied the roads of Southeast Asia but it has also ushered in greater demand for car-sharing platforms in the region. Car owners seeking to earn through their idle vehicles and renters, who need a car to commute but are unwilling to splurge, have both flocked to these companies in the last six months.

Singapore-based car-sharing startup Tribecar has seen a 2-3x user growth in the last 12-18 months, its co-founder and CEO Adrian Lee told DealStreetAsia. He expects car sharing to be a mainstay in the city-state due to its restrictions on car ownership. 

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