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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

December 16, 2020
Lyft says it aims to bring fully driverless cars to multiple US cities in 2023.
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.

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Funding rounds

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

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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
Sara Ashley O'Brien, CNN Business
August 4, 2021
CNN
Last year, Uber, Lyft, DoorDash and Instacart succeeded in getting Californians to vote in favor of a ballot measure exempting them from classifying drivers and delivery workers as employees. Now, the companies are in the early stages of taking a similar approach in Massachusetts.
Tony Zerucha
August 4, 2021
Crowdfund Insider
Click HERE to find out ⭐ HiHello Celebrates $7.5M Series A. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.
Kirsten Korosec
August 3, 2021
TechCrunch
A coalition of app-based ride-hailing and on-demand delivery companies including Lyft, Uber, Doordash and Instacart have filed a petition for a ballot initiative in Massachusetts that would keep gig economy workers classified as independent contractors as the industry takes a fight it won in California on the road. The ballot measure proposed by the Massachusetts [...]
Kirsten Korosec
August 3, 2021
TechCrunch
Today after the bell, U.S. ride-hailing company Lyft reported its second quarter financial performance. In aggregate the company's performance was a rebound from the year-ago second quarter, which was heavily impacted by the onset of the COVID-19 pandemic and resulting lockdowns in the United States. Lyft also managed to produce positive adjusted EBITDA in the [...]
Kirsten Korosec
August 2, 2021
TechCrunch
The Station is a weekly newsletter dedicated to all things transportation. Sign up here -- just click The Station -- to receive it every weekend in your inbox. Hello readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. In [...]
Samuel Axon
August 1, 2021
Ars Technica
CEOs want workers back at their desks. Employees and the virus have other plans.
FinSMEs
July 30, 2021
FinSMEs
About | Advertise | Contact | Disclaimer | News | The Daily Deal Newsletter FinSMEs.com by FinSMEs is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License.
CNN
July 29, 2021
CTVNews
After months of encouraging employees to get vaccinated against COVID-19, U.S. companies are beginning to take a harder line and roll out mandates -- a dramatic escalation of Corporate America's approach to halting the spread of the virus.
Kirsten Korosec
July 26, 2021
TechCrunch
The Station is a weekly newsletter dedicated to all things transportation. Sign up here -- just click The Station -- to receive it every Sunday in your inbox. Hello frens and readers. Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point [...]
Richard Dal Porto
July 21, 2021
TechCrunch
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Neal E. Boudette
July 21, 2021
www.nytimes.com
The companies plan to begin offering the service this year, expanding later to Austin, Texas. A human will still be behind the wheel.
Jonathan M. Gitlin
July 21, 2021
Ars Technica
Argo and Ford will deploy driverless cars on Lyft's network in Miami and Austin.
Kirsten Korosec
July 21, 2021
TechCrunch
Autonomous vehicle technology startup Argo AI and its backer and customer Ford plan to launch up to 1,000 self-driving vehicles on Lyft's ride-hailing network in a number of cities over the next five years starting with Miami and Austin. The first Ford self-driving vehicles, which are equipped with Argo's autonomous vehicle technology, will become available [...]
July 21, 2021
AP NEWS
DETROIT (AP) -- Ford Motor Co. and a self-driving vehicle company it partly owns will join with the Lyft ride-hailing service to offer autonomous rides on the Lyft network.The service using Ford vehicles and a driving system developed by Pittsburgh-based Argo AI will begin in Miami later this year and start in Austin, Texas, in 2022.
The Associated Press
July 21, 2021
ABC News
Ford Motor Co. and a self-driving vehicle company it partly owns will join with the Lyft ride-hailing service to offer autonomous rides on the Lyft network
Kari Paul in San Francisco
July 21, 2021
the Guardian
Workers for app companies call for better wages and protections for those seeking to unionize
July 20, 2021
WebWire
Woven Planet Holdings, Inc. (Woven Planet), a subsidiary of Toyota Motor Corporation, announced the closing of the acquisition of Level 5, the self-driving division of Lyft, Inc. (Lyft), a proposed transaction previously announced in April 2021. This marks the first acquisition for Woven Planet, a group that is focused on mobility innovations and investments in automated driving, robotics, smart cities, and more. With the acquisition in place, Woven Planet will be provided with techno...
Sara Ashley O'Brien, CNN Business
July 15, 2021
CNN
Shared rides were a key part of how the founders of Uber and Lyft envisioned disrupting transportation. Back in 2014, the companies raced each other to be first to announce their carpooling options, with the promise of creating a more efficient service that's also more affordable for riders.
July 3, 2021
mint
Pressure builds at companies to make gig work more attractive; 'it is absolutely a reckoning'
Research and Markets
June 25, 2021
www.prnewswire.com:443
/PRNewswire/ -- The "Ride Sharing Market by Type (E-hailing, Station-Based, Car Sharing & Rental), Car Sharing (P2P, Corporate), Service (Navigation, Payment,...
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References

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