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Brought to you by RivalSense - an AI tool for monitoring any company.

RivalSense tracks the most important product launches, fundraising news, partnerships, hiring activities, pricing changes, tech news, vendors, corporate filings, media mentions, and other developments of companies you're following 💡

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Lyft

🌎 lyft.com

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.

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Lyft - Latest News and Updates

• Lyft and Stride are launching a first-of-its-kind rideshare portable benefits program for Utah drivers on December 9, 2024.
• Lyft is piloting a program in Utah to offer financial benefits to its contract drivers by contributing 7% of their quarterly earnings to a savings account for insurance costs.
• Lyft will expand Citi Bike service in New York City with 250 new stations and 2,900 bikes by fall 2025, increasing access for 64% of residents.
• Lyft is sponsoring the This Is Life Chicago Holiday Extravaganza by providing Lyft credits for families attending the event on December 21st.
• Hao Wu joined Lyft as a Senior iOS Engineer in Canada, previously working in a similar role.

• Lyft maintained a strong market share of 30.6% in San Francisco's rideshare market in November 2024, despite competition from Waymo.
• Lyft updated its Terms of Service today to include ADRorg mass arbitration rules and a 'Pre-Arbitration Process.'
• Lyft used its data and public data to rank the 30 largest U.S. airports based on convenience, affordability, efficiency, and amenities.
• A former Lyft driver named Vladyslav now works for the Skipper shuttle service in Charlotte's SouthPark area, sharing insights about his experience with Lyft and Uber.

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