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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.

Funding Rounds

Patents

Further Resources

Title
Author
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Type
Date

News

Title
Author
Date
Publisher
Description
FinSMEs
September 14, 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.
Kirsten Korosec
September 6, 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. Before [...]
Kellen Browning, Lauren Hirsch and Coral Murphy Marcos
September 6, 2021
www.nytimes.com
After the Delta variant disrupted plans to reopen after Labor Day, many businesses pushed their targets further out or left them open-ended.
USA TODAY
September 4, 2021
USA TODAY
Lyft and Uber said they would cover legal fees for drivers who, if sued under the new Texas abortion law, could be on the hook for $10,000.
September 3, 2021
AP NEWS
NEW YORK (AP) -- Ride-hailing companies Uber and Lyft said Friday they will cover the legal fees of any driver who is sued under the new law prohibiting most abortions in Texas. The Texas law bans abortions once medical professionals can detect cardiac activity, usually around six weeks and often before women know they're pregnant.
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References

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