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...
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 →
🛍️ Lyft Product and Pricing News
- Lyft introduced Pet rides last August, allowing riders to travel with pets, and now about one in every thousand rides includes a pet passenger.
- Lyft has integrated Anthropic's Claude AI assistant into its customer service platform, reducing resolution times by 87% and planning broader AI implementation across its operations.
- New York City's rideshare regulator accused Lyft of spreading disinformation about a proposed 6% driver pay hike, urging opposition to the proposal set for discussion on February 5.
- Detroit music artist Dank Demoss filed a lawsuit against Lyft for alleged weight discrimination by a driver, sparking viral outrage and discussions on size discrimination.
- Lyft launched a new program to help drivers advance their careers as of January 16, 2025.
- Starting February 10, 2025, Lyft will increase the GoMonrovia trip fare from $3 to $6 and adjust service hours.
- A Lyft driver accused his insurer of violating Washington's Insurance Fair Conduct Act by forcing arbitration for uninsured motorist benefits after a carjacking, resulting in a $1.1 million award instead of settling for $1 million.
- A federal judge dismissed a lawsuit accusing Lyft of defrauding shareholders by delaying the correction of an earnings report error.
👔 Lyft CEO, Management and Leadership Team
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Chief of Staff & Head of Legal Ops
[email protected] -
Chief Business Officer[email protected]
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Chief of Staff[email protected]
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Chief of Staff to CFO[email protected]
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Chief of Staff[email protected]
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Sr. Director, Chief Actuary[email protected]
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Chief People Officer[email protected]
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Chief Financial Officer, Lyft[email protected]
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President[email protected]
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Vice President
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Executive Vice President, Head Of Rider and Community Safety[email protected]
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CEO, Lyft[email protected]
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CEO of Offer Lyft[email protected]
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Executive Business Partner to Lyft’s CEO[email protected]
⚔️ 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
💼 Lyft Hiring and Layoffs
- Samuel Barr has left Lyft as an Independent Contractor to become the Chief Executive Officer at North Lime Coffee & Donuts in the United States.
- Lyft welcomes Suzie Reider as of December 4, 2024.
- Suzie Reider has joined Lyft as Executive Vice President Lyft Media & Business in the United States, previously holding a position at another company.
- Akshay Patki has joined Lyft as Director, Head of People Technology in the United States, previously serving as Head of People Technology (Senior Manager) at Atlassian.
- Cass Zawadowski has joined Lyft as Executive Creative Director, Brand in Canada, previously serving as an Instructor at Miami Ad School Toronto.
- Josh Steinitz has joined Lyft as VP Strategy and Corporate Development in the United States, previously holding a position at another company.
- Larry Gallegos has left Lyft, where he served as Public Engagement/ Public Policy, to join CLEAR as Director of Public Affairs, Northeast in the United States.
- Christopher M. has left Lyft as the Head of Strategic Partnerships & BD, Lyft Media in the United States to join Scale AI as a Staff Engagement Manager, Generative AI.
🤖 Lyft Developer, Integration and Automation News
- Lyft has partnered with Trinity Metro Bikes to enhance Fort Worth's public bike sharing system, with details to be discussed at an event on February 19.
- Lyft announced a partnership with Marubeni Corporation to support their autonomous vehicle platform.
- Lyft partners with Anthropic to launch AI products.
- Lyft has partnered with Merit America to help drivers transition into tech industry jobs.
- Lyft has partnered with Stride Health to expand its rideshare program with a portable benefits savings platform.
- The Delaware Office of Highway Safety is partnering with Lyft to offer $20 vouchers for Sober Rides on New Year's Eve.
- Lyft partnered with Paramount Pictures for a Sonic takeover on their app.
- Lyft and Stride are launching a first-of-its-kind rideshare portable benefits program for Utah drivers on December 9, 2024.
📈 Lyft Financials, Fundraising and Valuation News
- On February 11, 2025, Lyft reported record Q4 and full-year 2024 results, replacing a previous event with RBC Capital Markets with a Barclays-hosted fireside chat.
- Lyft shares fell nearly 8% after reporting disappointing fourth-quarter results and weak bookings guidance, despite announcing a $500 million share repurchase plan and plans to introduce Mobileye-powered taxis in Dallas by 2026.
- Lyft will announce its fourth quarter and full-year 2024 financial results on January 21, 2025.
- Lyft maintained a strong market share of 30.6% in San Francisco's rideshare market in November 2024, despite competition from Waymo.
- Full-time NYC Lyft drivers earned a median annual pay of $66,177 in 2023 before expenses, taxes, and tips, according to the NYC Taxi & Limousine Commission.
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