Lyft | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights

Lyft is a rideshare company founded in 2012 by Logan Green and John Zimmer. It is available to approximately 95 percent of the United...


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Lyft is a rideshare company founded in 2012 by Logan Green and John Zimmer. It is available to approximately 95 percent of the United States population as well as select cities in Canada. Lyft is committed to effecting positive change for cities by offsetting carbon emissions from all rides and promoting transportation equity through shared rides, bikeshare systems, electric scooters, and public transit partnerships.

Website
Headquarters
San Francisco, CA
Size
5001-10,000 employees
Industry
Ground Passenger Transportation
Specialities
Ridesharing, Carpooling, Transportation, Community, rideshare, drivers, gigeconomy

🛍️ Lyft Product and Pricing News →

👔 Lyft CEO, Management and Leadership Team →

⚔️ Lyft Alternatives and Competitors →

💼 Lyft Hiring and Layoffs →

🤖 Lyft Developer, Integration and Automation News →

📈 Lyft Financials, Fundraising and Valuation News →

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🛍️ Lyft Product and Pricing News

  • On November 8, Lyft and Uber both made changes to the LAX airport queue.
  • Lyft achieved record active riders and rides in Q3, launched 33 new features including a nationwide Price Lock product, and expanded in Canada, according to CEO David Risher.
  • The Eugene City Council voted 7-1 to move forward with implementing a new per-trip fee for Lyft and other rideshare users.
  • A Lyft passenger testified in a federal hate crime trial that his driver assaulted him at San Francisco International Airport after asking if he was Jewish or Israeli.
  • Lyft has introduced more earnings for traffic, delays, and going out of your way.

  • Lyft now allows drivers to opt in for rides within their battery range and provides an app feature to find and report charging stations.
  • Last month, Lyft launched 4 solar-powered e-bike charging stations in Washington, D.C., in collaboration with Skyhook Solar, supported by a $375,000 grant from the Department of Energy and Environment.
  • The New York City Comptroller has requested data from the Taxi and Limousine Commission on Lyft's driver lockouts, which may be used to inflate utilization rates ahead of the 2024 review.

👔 Lyft CEO, Management and Leadership Team


⚔️ Lyft Alternatives and Competitors

  • Uber
  • |
  • Cabify
  • |
  • Gett
  • |
  • BlaBlaCar
  • |
  • Blacklane
  • |
  • Careem
  • |
  • Turo
  • |
  • Getaround
  • |
  • Ola
  • |
  • Curb
  • |
  • Via
  • |
  • Wingz
  • |
  • DiDi Chuxing
  • |
  • LeCab
  • |
  • Tesluxe
  • |
  • Bitaksi
  • |
  • GoCatch
  • |
  • Gojek
  • |
  • Snapp
  • |
  • Grab
  • |
  • Bolt

Monitor your competitors, clients, accounts, partners etc. with RivalSense AI


💼 Lyft Hiring and Layoffs

  • John A. Parks has left Lyft as Director, Growth Planning and Operations in the San Francisco Bay Area to become the CEO at flexdrive.
  • Zach Greenberger, Lyft’s Chief Business Officer, announced his departure to become the next CEO of Nexar on September 19, 2024.
  • Zeke Franco has left Lyft as a Senior Product Design Manager to join Peerspace as a Director of Design in the United States.
  • Lyft is currently hiring for the position of General Manager- Capitol Bikeshare in the country of the United States.
  • Mike D. has left Lyft as Sr Director, Engineering in the United States to join Wurthy as Chief Technology Officer.

  • Bipin G. has left Lyft as a Senior Engineering Manager to join AllTrails as a Director of Engineering in the United States.
  • Erin Rheaume has joined Lyft as Senior Director, Investor Relations in the United States, previously holding a position in the same role at another company.
  • Britt Mott has left Lyft as Head of Core Product Operations in the United States to join HopSkipDrive as Director of Specialty Transportation.

🤖 Lyft Developer, Integration and Automation News

  • Lyft partnered with Welcome.US to provide rideshare credits to Ukrainian families like the Popovyches, aiding their resettlement and daily transportation needs.
  • Lyft and DoorDash have partnered to offer exclusive benefits as of October 30, 2024.
  • On November 6, 2024, Lyft announced new partnerships with Mobileye, May Mobility, and Nexar to enhance its autonomous vehicle offerings and integrate AVs into its rideshare platform.
  • Lyft will start offering financial support for expectant and new mothers in Atlanta to use for rides to medical appointments and childcare in January as part of a partnership with CARE.
  • DoorDash has partnered with Lyft to offer DashPass members discounted rides and Lyft riders a free DashPass trial.

  • Lyft is partnering with the Ohio Traffic Safety Office to offer credits in Central Ohio to promote responsible Halloween celebrations.
  • Lyft is partnering with Serena Page and Kordell Beckham to offer discounted rides to the polls on November 5 to encourage voting.
  • On October 17, 2024, Lyft partnered with Cash App to offer a seamless payment option for riders, becoming the first rideshare partner for Cash App Pay.

📈 Lyft Financials, Fundraising and Valuation News

  • Lyft's stock price increased from $12.57 to $13.62, and they announced their third quarter 2024 earnings call scheduled for November 6, 2024.
  • Jerry Freund tweeted that Walmart is seriously looking to acquire Lyft.
  • Lyft data shows a 32% increase in rides to/from colleges over the past two academic years.


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