Lyft | Latest News & Updates - Feb 16, 2025 Release

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...


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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.


Lyft - Latest News and Updates

  • 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 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 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 announced a partnership with Marubeni Corporation to support their autonomous vehicle platform.
  • 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.
  • Lyft collaborated with Keith Lee on a Valentine's Day story featuring his favorite date spots in Las Vegas.

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