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

June 18, 2020

Lyft announces its plans to host a Juneteenth panel about the importance of Juneteenth and share a Juneteenth bike route map via Citi Bike.

June 17, 2020

Lyft says it will require 100% electric vehicles on its platform by 2030.

April 15, 2020

Lyft launches food and medical supply delivery for agencies and orgs impacted by COVID-19.

April 2020

Lyft launches its LyftUp program to give health care workers free rides.

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.

Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
Lyft Series B round
15,000,000
January 30, 2013
6 Results
Results per page:
Page 1 of 1

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

Page 1 of 4

Further reading

Title
Author
Link
Type
Date

Documentaries, videos and podcasts

Title
Date
Link

Companies

Company
CEO
Location
Products/Services

News

Title
Author
Date
Publisher
Description
Mark Matousek
November 27, 2020
Business Insider
Uber drivers make more than their counterparts on Lyft in 12 of the 16 cities Business Insider analyzed.
Graham Rapier
November 25, 2020
Business Insider
Nominated national security advisor Jake Sullivan is one of many in the inner circle under fire by progressive Democrats for close industry ties.
Shalini Nagarajan
November 25, 2020
markets.businessinsider.com
A pilot program for tech firms that employ food-delivery workers or drivers could allow workers to get paid up to 15% of their compensation in equity.
Kristen Lee
November 24, 2020
Business Insider
You don't always have to rely on traditional rental companies like Hertz, Enterprise, or Avis to rent a car and get out of town.
LegalRideshare
November 24, 2020
www.prnewswire.com:443
/PRNewswire/ -- On Nov. 3, 2020, Uber, Lyft and Postmates won a highly contested ballot initiative on labor rights in California, codifying that their workers...
Andrew J. Hawkins
November 23, 2020
The Verge
The US government awarded a five-year $810 million contract to Uber and Lyft that authorizes the companies to provide transportation to over 4 million federal employees and their families.
Dara Kerr
November 19, 2020
CNET
Even before its Proposition 22 win in California, Uber had been emailing drivers in other states asking them to support a plan that could keep them classified as independent contractors.
USA TODAY
November 18, 2020
USA TODAY
The ride-hailing company Lyft partnered with the security company American District Telegraph (ADT) to launch the Emergency Help feature.
Kris Holt
November 18, 2020
Engadget
The rideshare company and ADT started testing the safety measure earlier this year.
USA TODAY
November 17, 2020
USA TODAY
The ride-hailing company Lyft partnered with the security company American District Telegraph (ADT) to launch the Emergency Help feature.
Mark Matousek and Alex Nicoll
November 16, 2020
Business Insider
Lyft's compensation is competitive with, and in some cases exceeds, Uber's, according to data Lyft shared with the US government.
Cliff Saran
November 16, 2020
ComputerWeekly.com
Automating an inefficient process simply leads to a faster inefficient process. Artificial intelligence needs to be deployed to ensure business processes are optimal
By CATHY BUSSEWITZ
November 13, 2020
AP NEWS
NEW YORK (AP) -- Lyft scored a major victory when California voters passed Proposition 22, allowing app-based companies to treat drivers as contractors instead of employees and saving the company...
Ross Barkan
November 13, 2020
the Guardian
'With Proposition 22's passage, the tech underclass will remain overworked and underpaid, unable to access unemployment insurance, paid family leave or healthcare during a pandemic.' Photograph: Frederic J Brown/AFP/Getty Images
Ross Barkan
November 13, 2020
the Guardian
Having won in California, they will seek devastating victories elsewhere
Mary Forgione
November 13, 2020
Los Angeles Times
Experts urge travelers to avoid ride share, but if you have to use one, be aware of these guidelines. For example, Uber requires passengers to wear masks and Lyft forbids passengers from sitting in the front seat.
Suhauna Hussain, Johana Bhuiyan, Ryan Menezes
November 13, 2020
Los Angeles Times
Uber, Lyft and other gig companies spent millions of dollars to shape California labor law in their image. The result: support from voters in neighborhoods as varied as Beverly Hills and Compton.
Mimi Billing
November 13, 2020
Sifted
Are the telemedicine startups' path to profits uncertain? Some VCs are questioning the business models of doctor-on-demand applications.
Cherri Murphy
November 12, 2020
the Guardian
Gig workers at a driving demonstration in front of Los Angeles City Hall urging voters to vote no on Proposition 22, 8 October 2020. Photograph: Al Seib/Rex/Shutterstock
Cherri Murphy
November 12, 2020
the Guardian
The company, along with Lyft and DoorDash, spent more than $200m to deny drivers the wages and benefits we're entitled to
SHOW MORE

References

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