Golden
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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September 9, 2019

To nudge forward unions that might be reluctant to endorse a deal they privately favored, Uber and Lyft announced that they would each kick in $30 million for a state ballot initiative next year to try to exempt their drivers from employment status if legislators didn't do it first.

August 7, 2019

With its number of ride-hailing passengers growing and its trip commissions also increasing, Lyft said its revenue for the year would be better than it had expected, rising to a range of $3.47 billion to $3.5 billion.

That growth would also help crimp its losses, Lyft said, with its expected adjusted losses totaling around $875 million for the year instead of a previous projection of $1.17 billion.

On Wednesday, shares closed at $60.29, before rising in after-hours trading.

June 12, 2019

Uber and Lyft launched a public campaign Wednesday to pressure California lawmakers and Gov. Gavin Newsom into exempting them from pending legislation that would force them to classify drivers as employees.

share drivers would pose a risk to our businesses," the companies declared in an opinion article published in the San Francisco Chronicle Wednesday under the bylines of Uber chief executive Dara Khosrowshahi, Lyft chief executive Logan Green and Lyft president John Zimmer.

June 2019

First, most drivers prefer freedom and flexibility to the forced schedules and rigid hourly shifts of traditional employment; and second, many drivers are supplementing income from other work," Uber CEO Dara Khosrowshahi and Lyft co-founders Logan Green and John Zimmer wrote in a joint op-ed published in the San Francisco Chronicle in June.

Golden AI
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2017

In a statement released by her lawyer, Alison Turkos said in the fall of 2017 she hailed a Lyft after a night out with friends.

Edits 3 days ago
Julius John Villarisco"Approved suggestion from source: https://www.theverge.com/2019/9/17/20870765/lyft-sexual-assault-lawsuit-alison-turkos-safety-complaints"
Julius John Villarisco approved a suggestion from Golden's AI 3 days ago
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2017

In a statement released by her lawyer, Alison Turkos said in the fall of 2017 she hailed a Lyft after a night out with friends.

Julius John Villarisco"Approved suggestion from source: https://www.nytimes.com/2019/08/07/technology/lyft-earnings-revenue.html"
Julius John Villarisco approved a suggestion from Golden's AI 3 days ago
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August 7, 2019

With its number of ride-hailing passengers growing and its trip commissions also increasing, Lyft said its revenue for the year would be better than it had expected, rising to a range of $3.47 billion to $3.5 billion.

That growth would also help crimp its losses, Lyft said, with its expected adjusted losses totaling around $875 million for the year instead of a previous projection of $1.17 billion.

On Wednesday, shares closed at $60.29, before rising in after-hours trading.

Julius John Villarisco"Approved suggestion from source: https://www.npr.org/2019/09/11/759691730/california-lawmakers-advance-bill-to-redefine-and-protect-gig-workers"
Julius John Villarisco approved a suggestion from Golden's AI 3 days ago
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June 2019

First, most drivers prefer freedom and flexibility to the forced schedules and rigid hourly shifts of traditional employment; and second, many drivers are supplementing income from other work," Uber CEO Dara Khosrowshahi and Lyft co-founders Logan Green and John Zimmer wrote in a joint op-ed published in the San Francisco Chronicle in June.

Edits 4 days ago
Julius John Villarisco"Approved suggestion from source: https://www.latimes.com/business/la-fi-tn-uber-lyft-contractor-drivers-20190612-story.html"
Julius John Villarisco approved a suggestion from Golden's AI 4 days ago
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Timeline

June 12, 2019

Uber and Lyft launched a public campaign Wednesday to pressure California lawmakers and Gov. Gavin Newsom into exempting them from pending legislation that would force them to classify drivers as employees.

share drivers would pose a risk to our businesses," the companies declared in an opinion article published in the San Francisco Chronicle Wednesday under the bylines of Uber chief executive Dara Khosrowshahi, Lyft chief executive Logan Green and Lyft president John Zimmer.

Julius John Villarisco"Approved suggestion from source: https://www.nytimes.com/2019/09/09/business/economy/uber-lyft-california.html"
Julius John Villarisco approved a suggestion from Golden's AI 4 days ago
Edits made to:
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September 9, 2019

To nudge forward unions that might be reluctant to endorse a deal they privately favored, Uber and Lyft announced that they would each kick in $30 million for a state ballot initiative next year to try to exempt their drivers from employment status if legislators didn't do it first.

Edits on 24 Jun 2019
Carla Faraguna
Carla Faraguna edited on 24 Jun 2019 8:18 pm
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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 28, 2019

On or about March 28, 2019, Lyft sold 32.5 million shares of common stock at $72.00 per share in the Company's Initial Public Offering ("IPO") for gross proceeds of $2.34 billion, not including the underwriters' option to purchase an addition 1.625 million shares.

Carla Faraguna"Approved suggestion from source: https://www.prnewswire.com/news-releases/investor-alert-kaplan-fox-investigates-lyft-inc-300835014.html"
Carla Faraguna approved a suggestion from Golden's AI on 24 Jun 2019 8:16 pm
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March 28, 2019

On or about March 28, 2019, Lyft sold 32.5 million shares of common stock at $72.00 per share in the Company's Initial Public Offering ("IPO") for gross proceeds of $2.34 billion, not including the underwriters' option to purchase an addition 1.625 million shares.

Carla Faraguna
Carla Faraguna edited on 24 Jun 2019 7:00 pm
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June 2018

Lyft receives in $600 million in funding

Investors include Fidelity Research & Management, AllianceBernstein, Baillie Gifford, KKR, CapitalG, Rakuten and others.

Carla Faraguna
Carla Faraguna edited on 24 Jun 2019 6:33 pm
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2012

Lyft launchedlaunches in 2012 and is led by its founders, Logan Green and John Zimmer.

Carla Faraguna
Carla Faraguna edited on 24 Jun 2019 6:32 pm
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November 2018

In November 2018, Lyft bought Motivate, the largest bike-share company in the United States.

Edits on 22 Jun 2019
Neelam Jhaveri
Neelam Jhaveri edited on 22 Jun 2019 11:03 am
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2012

Lyft launched in 2012 and is led by its founders, Logan Green and John Zimmer.

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Golden AI
Golden AI edited on 12 Jun 2019 10:29 pm
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Funding rounds
Golden AI
Golden AI edited on 12 Jun 2019 10:23 pm
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Golden AI
Golden AI edited on 12 Jun 2019 10:05 pm
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Golden AI
Golden AI edited on 12 Jun 2019 9:36 pm
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Funding rounds
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Golden AI
Golden AI edited on 30 May 2019 8:21 am
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Edits on 23 May 2019
Golden AI
Golden AI edited on 23 May 2019 11:11 am
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Thomas Shaddox
Thomas Shaddox edited on 2 Apr 2019 1:04 am
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March 29, 2019

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.