Company: ZCARW
Filing Date: 2025-03-04
Form Type: S-1
Source: 0001213900-25-020176
Chunk: 157

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-03-04
Form: S-1
Chunk 157
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 Mobile apps focusing on consumer services                   
 offer individuals an opportunity to rent out or sell products as part of their broader marketplace participation. These platforms allow         
 individuals to essentially grow and scale a business on the applicable platform. Combined with trends toward more flexible working arrangements 
 following the COVID-19 pandemic and less commuting, individuals are able to leverage additional available time by collaborating with a          
 technology platform on bespoke entrepreneurial arrangements.                                                                                    |

| ● | As urban incomes across our target                                                                                                      
 emerging markets rise, domestic tourism is also flourishing. Among the more pronounced macro trends across our target emerging markets  
 during the past decade is what we believe to be the increasingly high urbanization rates in the largest emerging-market cities. During  
 this time, populations in these cities have generally trended younger, with a strong emphasis on upward mobility. Zoomcar believes that 
 the trend towards domestic, short-term travel will continue, given the increased emphasis on domestic travel destinations for consumers 
 across our target emerging markets.                                                                                                     |

Market Opportunity Transportation ranks among the top household expenses across emerging markets, representing, in many cases, as much as 20% of average annual income per household. As a peer-to-peer car sharing platform that emphasizes convenience and affordability for Guests and income-generating potential for Hosts, we believe that our scalable platform is well-positioned to provide mobility solutions to Guests and Hosts across the markets in which we currently operate and those in which we may operate in the future. Zoomcar management evaluates potential revenue opportunity for our platform in terms of serviceable addressable market, representing an estimate of total potential platform revenue opportunities, assuming, among other inputs, that a portion of the aggregate population meeting certain core demographic criteria described below engages in transaction on our platform, and total addressable market, representing an estimate of total potential platform revenue opportunities, assuming, among other inputs, that the entire population meeting the core demographic criteria engage in transactions on our platform. Our estimates of serviceable addressable market and total addressable market are based on a number of assumptions, discussed in greater detail below, many of which are forward-looking and are premised on facts and circumstances that may or may not reflect actual results. In addition to incorporating Zoomcar management assumptions based on industry knowledge and professional experience, our addressable market estimates reflect publicly-available demographic, economic and transportation-related information published by the United Nations, Fitch and other sources. 88 Serviceable Addressable Market We regard serviceable addressable market as an indicator of our potential near-term or medium-term revenue potential based on our current platform