Waymo Captures 27% of San Francisco Rideshare Market

Waymo, the self-driving car service, has made significant strides in San Francisco, capturing 27% of the city's rideshare market in just 20 months. This rapid growth suggests that self-driving technology may become mainstream sooner than expected, according to research from Mary Meeker’s Bond venture capital firm.

The success of Waymo in San Francisco highlights the increasing acceptance and demand for autonomous vehicle services. The company’s progress is seen as a major step forward in the broader adoption of self-driving technology across the United States.

Waymo's achievement comes amid growing interest and investment in autonomous vehicles, with analysts predicting significant revenue potential. According to ZDNet, Waymo could reach a $10 billion revenue run rate by 2025.