As the first online marketplace for micro-mobility, Ridepanda competes mostly against general marketplaces like Amazon and Facebook Marketplace, and against manufacturers' own e-commerce offerings. However with founders from Lime, Bird and Scoot, the company is experienced in the market and able to curate a wider range of vehicles and effectively target customers. Additionally it offers a range of support services such as assembly instructions, maintenance tips, repair assistance, and insurance, which are typically offered on a case-by-case basis if at all by competitors.

Ridepanda is focused on the US market for now, particularly in large urban centres, though it has eventual goals to expand. It is also planning a subscription service in the future, tapping into additional markets as demand for electric vehicles continues to grow.