Russia's sharing services revenue to grow 31 percent in 2024: study


ST. PETERSBURG, Dec. 26 (Xinhua) -- Russia's key sharing economy sectors are projected to generate 92.4 billion rubles in revenue by the end of 2024, a 31 percent increase from the previous year, Russia's market analysis agency Smart Ranking said on Thursday.

The forecast is based on the performance of Russia's sharing economy in the first half of the year, which totaled 42 billion rubles.

According to the study of Smart Ranking, the majority of revenue comes from car sharing, which is expected to exceed 60 billion rubles in 2024. The fastest growth is seen in charging device rental services, with a projected revenue increase of about 120 percent.

Meanwhile, experts predict the kicksharing sector will see a 40 percent revenue increase by year-end. This trend, which has been observed in recent years, is expected to persist, driven by the integration of kicksharing with the public transportation system.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Trump says Iranians should rise up against government if ceasefire declared
Venezuela's government, opposition may cooperate to safeguard US assets
Uzbekistan's EV import volume surges in Q1
Trump says Iran could be 'taken out' on Tuesday, Hegseth says major strikes to come
Pressure mounts on UK government to ban Kanye West after festival backlash
Seixas sets pace in tough opening stage in Tour of Basque Region
CBA Roundup: Shanghai extends winning streak to 16 games in CBA
Trump says Tuesday deadline to make a deal with Iran is final
Russia says Ukraine damaged CPC terminal on the Black Sea with drones
Iran rejects ceasefire as deadline nears on Trump 'hell' ultimatum

Others Also Read