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Lyft

Lyft

Lyft is an American transportation network company. It designs, markets and operates a mobile application for matching drivers with passengers.

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Timeline

August 7, 2019

Lyft announces a revenue rising range of $3.47 billion to $3.5 billion in 2019.

May 7, 2019

Anyone with the Lyft app in the Phoenix area can summon one of the 10 self-driving Waymo cars that will join the ride-hailing service by end of September.

March 29, 2019

Initial public offering

Lyft began trading on the Nasdaq under the ticker symbol LYFT, priced at $72 a share. The company raised over $2.3 billion in its initial public offering.

November 2018

In November 2018, Lyft bought Motivate, the largest bike-share company in the United States.

June 2018

Lyft receives in $600 million in funding

Investors include Fidelity Research & Management, AllianceBernstein, Baillie Gifford, KKR, CapitalG, Rakuten and others.

2012

Lyft launches in 2012 and is led by its founders, Logan Green and John Zimmer.

People

Name
Role
LinkedIn

Adebimpe Oyeyemi

Employee



AF Square

Investor



Alex Aguilera

Employee



Amy Zuckerman

Employee



Andrea Long

Employee



Anh Tran

Employee



Ann Miura Ko

Investor



AnnaRose Hughes

Employee



Ben Greenberg

Employee



Benjamin Ling

Investor



Boris Korsunsky

Employee



Brandon Ice

Employee



Brian Garza

Employee



Caleb Sayre

Employee



Chris Arenas

Employee



Chris Grant

Employee



Chris Lambert

Employee



Chris Pouliot

Employee



Colin Frolich

Employee



Cory Jones

Employee



Cynthia Rodriquez

Employee



Danilae Smith

Employee



David Sacks

Investor



Dayton Anderson

Employee



Devon Jerome

Employee



Further reading

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Companies

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CEO
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News

Title
Author
Date
Publisher
Description
Canadian Press
January 23, 2020
HuffPost Canada
Residents of the Lower Mainland and Whistler will soon be able to use the apps.
Meagan Simpson
January 23, 2020
BetaKit
<p>BetaKit has partnered with TradeRev on a new event series investigating the future of Canada's AutoTech industry. Event Schedule 6:00-6:30 pm: Doors Open &...</p>\n
Susan Carpenter
January 13, 2020
www.nytimes.com
The cab business is down 75 percent in less than a decade. The plan is to make taxis a lot more like their app-hailed rivals.
Susan Carpenter
January 13, 2020
www.nytimes.com
The cab business is down 75 percent in less than a decade. The plan is to make taxis a lot more like their app-hailed rivals.
Nellie Bowles and Noam Scheiber
December 31, 2019
www.nytimes.com
A state act to protect part-timers at companies like Uber and Lyft takes effect on Wednesday. Some freelancers say it will limit their prospects.
Margot Roosevelt
December 29, 2019
Los Angeles Times
For California businesses, 2020 will be a year of reckoning. Sweeping new laws curbing long-time employment practices take effect, aimed at reducing economic inequality and giving workers more power in their jobs.
Megan Rose Dickey
December 23, 2019
TechCrunch
Just in time for Christmas, Lyft has brought back its pedal-assist e-bikes. The plan is to roll out hundreds of bikes each week until it hits 4,000 by the end of April 2020. This comes after Lyft had to pull its e-bikes in light of battery-related fires in July. "After identifying the root cause of [...]
Nellie Bowles and Kate Conger
December 19, 2019
www.nytimes.com
All those tech I.P.O.s this year that were supposed to make people megarich only made them rich-ish.
Stephanie Mlot
December 13, 2019
Geek.com
Lyft is expanding its transportation empire to include rental cars. Last year, the app broadened its ride options to include bicycles, scooters, and public transit routes. Now, customers can hire a car with ...
By Michael Thomsen For Dailymail.com
December 12, 2019
Mail Online
Today, Lyft announced a new car rental service for select users in San Francisco and Los Angeles. The service will include unlimited miles and free pickup and drop-off at the rental location.
Maria Cramer
December 5, 2019
www.nytimes.com
Dozens of women have joined lawsuits against the ride-sharing company, saying it has not done enough to prevent assaults by drivers.
Marley Jay
December 3, 2019
Business Insider
Top-ranked fund manager Aram Green says this year's disastrous IPO market has produced some good opportunities, and names his three favorites.
Alex Coop
December 3, 2019
IT Business
Frustrated commuters in Toronto blast Uber and Lyft for higher fares, movie theatre trips were less popular this Thanksgiving, and a new documentary highlights the journey of a single Playboy photo and its impact on the tech industry.
Clarke Bowman
November 26, 2019
Business Insider
I've been driving for Uber and Lyft for almost a year, and I can often judge what kind of rider you are based on your passenger rating.
Tina Bellon
November 26, 2019
U.S.
How much ride-hailing companies Uber and Lyft charge customers throughout a day is one of the most closely held secrets in Silicon Valley.
Mike Seely
November 22, 2019
www.nytimes.com
Even with the advent of Uber, Lyft and Priuses, a model discontinued in 2011 has its loyalists.
Graham Rapier
November 19, 2019
Business Insider
Former employees in Israel, New York, and Portland say they're disappointed to be out of a job, but proud of the company they built over three years.
Carmen Reinicke
November 18, 2019
markets.businessinsider.com
Lyft soars after agreeing to partnership with Gett, the owner of shuttered rideshare rival Juno
Ingrid Lunden
November 18, 2019
TechCrunch
Gett, the ridesharing company backed by Volkswagen and valued at around $1.5 billion, is putting the brakes on a major part of its growth strategy. Today, the company announced that it is closing its operations in New York, which run under the Juno brand, effective today. The company has a substantial business serving enterprise customers [...]
Carmen Reinicke
November 18, 2019
markets.businessinsider.com
A firm selling fake shares of Airbnb, Uber, and Lyft made $2 million in 4 months, DOJ alleges
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References