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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

• In 2024, Lyft's ride prices in the U.S. increased by 7.2%, risking a drop in demand as 72% of consumers may reduce or stop using rideshare services if prices rise further.
• Florida State University has partnered with Lyft to offer the FSU Free Lyft program, providing discounted rides to students, faculty, and staff for convenient and affordable transportation around campus.
• Lyft Healthcare is partnering with Thalamus to offer free or discounted rides for attendees of the 2025 ACGME Conference in Nashville.
• Florencia Courtaux has joined Lyft as Director, Creative Operations in Canada, previously serving as SVP Global Head of Operations, Experience at Monks.
• Lyft's CEO reported a 21% year-over-year increase in rides to bars and restaurants in Q4 2023, reflecting a broader recovery in ride-hailing services.

• Indianapolis police are investigating a shooting incident involving a Lyft vehicle on the city's east side, which left two people injured.

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