Meaning of the word ride-sharing in English

What does ride-sharing mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

ride-sharing

US /ˈraɪdˌʃerɪŋ/
UK /ˈraɪdˌʃerɪŋ/
"ride-sharing" picture

Noun

1.

a service that allows people to share rides in a car, typically arranged through a mobile app, often for a fee

Example:
Many commuters use ride-sharing services to get to work.
The rise of ride-sharing has impacted the taxi industry.
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