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
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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
Veena Dubal
September 11, 2020
the Guardian
Protesters block an intersection near Uber's corporate headquarters in San Francisco, California, on 8 May 2019. Photograph: Josh Edelson/AFP/Getty Images
Heather Landi
September 8, 2020
FierceHealthcare
In the two years that Dan Trigub has been with Uber, the rideshare giant has quickly expanded its reach into healthcare. He's now leaving to start a new healthcare venture and here's what he wants to focus on.
Megan Rose Dickey
August 28, 2020
TechCrunch
Autonomous vehicles have yet to become mainstream, but companies like Lyft, Cruise, Nuro and Aurora are still fighting the good fight. The AV space has always faced its share of regulatory and development hurdles, but this year brought a new set of hurdles with the COVID-19 pandemic. At TechCrunch Sessions: Mobility, we'll hear from Cruise, [...]
Kirsten Korosec
August 24, 2020
TechCrunch
The Station is a weekly newsletter dedicated to all things transportation. Sign up here -- just click The Station -- to receive it every Saturday in your inbox. Hello and welcome back to The Station, a newsletter dedicated to all the present and future ways people and packages move from Point A to Point B. Let's [...]
Megan Rose Dickey
August 21, 2020
TechCrunch
Welcome back to Human Capital, where we unpack the latest in diversity, equity and inclusion, and labor issues in the tech industry. In this week's edition, we're looking at the latest in Uber and Lyft's court battle to keep their drivers classified as independent contractors, Pinterest's well-timed announcement of a Black board member, overall board [...]
Paige Minemyer
August 21, 2020
FierceHealthcare
Rideshare company Lyft just tapped a former UnitedHealthcare exec to help push its healthcare business forward, particularly in Medicare and Medicaid.
Kari Paul
August 20, 2020
the Guardian
Lyft announced the suspension in a blogpost on Thursday morning, saying it is not something the company 'wanted to do'. Photograph: Lucy Nicholson/Reuters
Associated Press
August 20, 2020
Boston Herald
BERKELEY, Calif. (AP) -- An appeals court has allowed ride-hailing giants Uber and Lyft to continue treating their drivers as independent contractors in California in a decision that will give the two companies a few more months to protect their business models in a key market.
Anthony Ha
August 20, 2020
TechCrunch
Uber and Lyft may not be pausing operations in California after all, Google releases new emergency alert tools and Airbnb bans all parties. This is your Daily Crunch for August 20, 2020. The big story: Uber and Lyft win legal victory Earlier today, Lyft announced that it would suspend operations in California tonight as a [...]
Aarian Marshall
August 20, 2020
Wired
An appeals court delayed a requirement that the companies treat drivers as employees. Voters will ultimately decide through a November ballot measure.
BBC News
August 20, 2020
BBC News
Both Uber and Lyft face a Friday deadline to change business practices in California.
Kate Conger
August 20, 2020
www.nytimes.com
The companies, under legal pressure to reclassify their California drivers as employees, said they would halt rides before an appeals court gave them permission to continue.
Megan Rose Dickey
August 20, 2020
TechCrunch
A California appeals court judge has granted Uber and Lyft's emergency stay. This means the preliminary injunction that sought to force companies to reclassify their drivers as employees will not go into effect this Friday. Instead, this emergency stay extends that Friday deadline to at least mid-October, when the court will hear oral arguments. Companies [...]
Megan Rose Dickey
August 20, 2020
TechCrunch
Lyft is planning to suspend its ridesharing operations in California beginning tonight at 11:59 pm PT, unless it receives a stay from the Court of Appeals today. "We don't want to suspend operations," Lyft wrote in a blog post. "We are going to keep up the fight for a benefits model that works for all [...]
Aarian Marshall
August 20, 2020
Wired
The ride-hail services are threatening to stop service in the Golden State to protest a judge's ruling. They did something similar in Texas in 2016.
CNN
August 19, 2020
CTVNews
Uber and Lyft have said they may suspend their operations in California as soon as this week while simultaneously pushing for a referendum in November to exempt them from the law, known as AB-5.
Michael Sainato
August 19, 2020
the Guardian
California Uber and Lyft drivers brace for shutdown over worker classification | Gig economy | The Guardian
Richard Smith
August 18, 2020
TechCrunch
TC Sessions: Mobility is back and we're excited to give the first peek of what and who is coming to the main stage. We're not revealing everything just yet, but already this agenda highlights some of the best and brightest minds in autonomous vehicles, electrification and shared mobility. Before we get into who is coming, [...]
Kate Conger
August 18, 2020
www.nytimes.com
Under pressure to classify their freelance drivers as full-time employees, the ride-hailing companies are discussing another option.
Kirsten Korosec
August 17, 2020
TechCrunch
The Station is a weekly newsletter dedicated to all things transportation. Sign up here -- just click The Station -- to receive it every Saturday in your inbox. Hello and welcome back to The Station, a newsletter dedicated to all the present and future ways people and packages move from Point A to Point B. Let's [...]
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References

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