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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
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.
By SAM METZ and SCOTT SONNER
September 3, 2021
AP NEWS
STATELINE, Nev. (AP) -- As fearful Lake Tahoe residents packed up belongings and fled a raging wildfire burning toward the California-Nevada border, some encountered an unexpected obstacle: price gouging.
Rebecca Bellan
September 2, 2021
TechCrunch
Massachusetts Attorney General Maura Healey gave a coalition of app-based service providers like Uber and Lyft the go-ahead to start collecting signatures needed to put a proposed ballot measure before voters that would define drivers as independent contractors rather than employees. Backers of the initiative, which is essentially a MA version of Proposition 22, would [...]
Suhauna Hussain
August 25, 2021
Los Angeles Times
Uber and other gig firms plan to appeal the California court ruling calling Proposition 22 unconstitutional. Where the law goes from here isn't clear cut.
Kate Conger and Kellen Browning
August 23, 2021
www.nytimes.com
The law, the result of a $200 million proposition fight last year, ensures that workers like Uber and Lyft drivers are considered independent contractors.
Margot Roosevelt, Suhauna Hussain
August 21, 2021
Los Angeles Times
A California judge ruled Friday that parts of Prop. 22 are unconstitutional, rendering the ballot measure unenforceable.
Kate Conger
August 21, 2021
www.nytimes.com
Last year, more than $200 million was spent on campaigning for a state proposition that ensured workers like Uber and Lyft drivers were considered independent contractors.
Danny Crichton
August 21, 2021
TechCrunch
In a late Friday night blow to Uber, Lyft and other gig worker-centered companies, a superior court judge ruled that California's Proposition 22, which was passed in 2020 and designed to overrule the state's controversial AB-5 law on the employment status of gig workers, violates the state's constitution. Gig worker bill, AB-5, passes California State [...]
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.
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References

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