Lyft Inc - Company Profile
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Lyft Inc (Lyft) is a provider of Transportation-as-a-Service (TaaS). The company offers ride sharing, bikes and scooters rental, access to autonomous vehicles and provision of transportation options through Lyft platform and mobile-based applications. Lyft operates as a peer-to-peer marketplace between drivers and riders. It also offers various tools and solutions to businesses for managing the transportation needs of their customer and employees. The company connects rideshare, bikes, scooters, car rentals and transit in one place through its Lyft app. It also provides short-term rental agreements for vehicles used for ridesharing services on the Lyft Platform. Lyft collaborates with various organizations to provide transportation services. It operates in various markets across the US and Canada. Lyft is headquartered in San Francisco, California, the US.
Headquarters
United States of America
Address
Suite 400, 185 Berry Street, San Francisco, California, 94107
Website
www.lyft.com
Telephone
1 844 2502773
No of Employees
2,945
Industry
Technology and Communications
Ticker Symbol & Exchange
LYFT (NASD)
Revenue (2022)
$4.4B
7.5%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
78.5%
(2022 vs 2021)
Market Cap*
$7.5B
Net Profit Margin (2022)
XYZ
80.0%
(2022 vs 2021)
* As of and is in US$
Lyft Inc premium industry data and analytics
Products and Services
| Services |
|---|
| Transport as a Service |
| Marketplace |
| Ride Sharing |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Others | Lyft and Uber to Cease Operations in Minneapolis after Council Votes to Increase Driver Wages |
| 2023 | Asset Purchase | Lyft to Sell its Bike and Scooter Business |
| 2023 | Others | Lyft launching pre-order feature at Chicago airports ahead of summer travel season |
Competitor Comparison
| Key Parameters | Lyft Inc | Uber Technologies Inc | Hertz Global Holdings Inc | Enterprise Rent-A-Car Company | Gett Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | Israel |
| City | San Francisco | San Francisco | Estero | St. Louis | Tel Aviv |
| State/Province | California | California | Florida | Missouri | - |
| No. of Employees | 2,945 | 30,400 | 27,000 | 100,000 | 501 |
| Entity Type | Public | Public | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Logan Green | Chairman | Executive Board | 2023 | 40 |
| David Risher | Chief Executive Officer; Director | Executive Board | 2023 | 58 |
| Erin Brewer | Chief Financial Officer | Senior Management | 2023 | - |
| Kristin Sverchek | President - Business Affairs | Senior Management | 2023 | 41 |
| John Zimmer | President; Vice Chairman | Executive Board | 2023 | 40 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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