Lyft

Lyft

Ground Passenger Transportation

San Francisco, CA 355,311 followers

Ride by ride, we’re reimagining the world’s best transportation.

About us

Lyft was founded in 2012 by Logan Green and John Zimmer to improve people’s lives with the world’s best transportation, and 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 our cities by offsetting carbon emissions from all rides, and by promoting transportation equity through shared rides, bikeshare systems, electric scooters, and public transit partnerships.

Website
https://www.lyft.com/
Industry
Ground Passenger Transportation
Company size
5,001-10,000 employees
Headquarters
San Francisco, CA
Type
Public Company
Founded
2012
Specialties
Ridesharing, Carpooling, Transportation, Community, rideshare, drivers, and gigeconomy

Locations

Employees at Lyft

Updates

  • View organization page for Lyft, graphic

    355,311 followers

    Last week, the Lyft Policy team attended the Social Innovation Summit where our very own Heather Foster, Lyft's Senior Director of Federal & International Public Policy, spoke on a panel on Civic Engagement and Democracy alongside NFL player and activist Eric Reid and President and CEO of Planned Parenthood, Alexis McGill Johnson. We love seeing our team members exemplify Lyft's values and leadership in key spaces ⭐️

    • No alternative text description for this image
  • Lyft reposted this

    View profile for David Risher, graphic

    CEO, Lyft

    I'm not an expert, but here's what I can say for sure about turning around a company. * You need a compelling vision for the future. (Bonus points if you obsess over your customers-- that's part of ours.) * You need to be able to execute super-well. * And you need an extraordinary team. Not just amazing individuals-- an extraordinary team. You'll know you've got one if you see extremely high trust, extremely low politics, and extremely large smiles on their faces when they work together. Lyft just held its first-ever investor day, and from an external PoV it was an enormous success. (One proof-point: Three "Buy" upgrades, including a double-upgrade from "Sell" to "Buy.") But the huge win was the way it further brought us together. Have a look behind the scenes and you'll see what I mean. Huge thanks to all who attended and who made it happen. We're gonna crush it together.

    • No alternative text description for this image
    • No alternative text description for this image
    • No alternative text description for this image
    • No alternative text description for this image
    • No alternative text description for this image
      +1
  • View organization page for Lyft, graphic

    355,311 followers

    We just held our first investor day. 🎉 An audience of investors and analysts joined us in NYC to hear: ⭐️ CEO David Risher on how Lyft's customer obsession engine will drive top line growth and margin expansion ⭐️ Jeremy Bird, EVP, driver experience, on how listening to drivers helps us deliver products that are highly relevant to their needs ⭐️ Audrey Liu, EVP, rider experience, on how a focus on partnerships and products makes rideshare more approachable and increases frequency ⭐️ Zach Greenberger, EVP, partner experience, on Lyft's partnership strategy and our growing Lyft Media advertising business ⭐️ CFO Erin Brewer on our new 2027 financial targets and commitment to longterm shareholder value creation Plus presentations about insurance, improvements in our marketplace, policy efforts, and much more. Check out the full replay here and hear from all of our team at: investor.lyft.com

    Investor Day at Lyft

    Investor Day at Lyft

    investor.lyft.com

  • View organization page for Lyft, graphic

    355,311 followers

    Adding a stop for allergy meds? David Risher knows a guy.

    View profile for David Risher, graphic

    CEO, Lyft

    Every weekend thousands of people descend on CA's Napa Valley. Driving from winery to winery isn't always folks' first choice, particularly after a long day of wine tasting. That's where Lyft comes in. So yesterday I drove, wanting to learn from the experience. First ride was pretty standard-- a group of four who'd just had a great time at Tres Sabores and needed to get to Whitehall Lane Winery. They chose Lyft because they'd had a bad customer experience with the others guys. Huh. Second one came with a twist. It was a couple celebrating their anniversary, heading from Mumm Napa Winery to RH's amazing restaurant. But the guy was clearly miserable. "Is there a gas station along the way?" he asked. "Why? Do you want to put gas in my Tesla?" "No, my allergies are killing me." I ended up driving them to a supermarket and waiting while he ran in. "Need me to add this as a separate destination?" "Nah," I said. "I know a guy." BTW, they chose Lyft because of a recommendation from their hotel who told them: "Lyft's usually your best option around here." Great! I'll be sending them a thank-you note. Final ride was for a brand ambassador headed to Far Niente Wine Estates for the afternoon. He uses Lyft and the other guys regularly when he travels. "But Lyft tends to treat me better." That's the goal! This was a surgical strike: I only had 90 minutes, and was lucky enough to get three rides nearly back-to-back. Riders paid a total of $48.05; my total earnings were $29.10 + $13.54 in tips, which would equate to $19.40/hour excluding tips or $28.40/hour all-in. (Obviously those are gross earnings-- we've published a paper that details drivers' expenses like fuel, maintenance and depreciation.) https://lnkd.in/gyrnj_kj. For Lyft's part, the company received $7.96. That goes to running the machine that recruits and vets drivers, negotiates insurance on behalf of drivers to the tune of about $1M/ride, markets to riders, matches rider and driver millions of times each day, takes payments and pays the credit card fees, makes sure drivers get paid weekly or on-demand, handles customer care when things go wrong, deals with fraud, etc. Not a high-margin business, which is why customer obsession matters so much. More rides = better! Obviously I drive to learn, not to earn, and your mileage may vary. But I came away with even more appreciation for the driving experience. Thanks for reading-- and thanks to the incredible team who builds and operates Lyft's platform, 24 hours a day, seven days a week, with excellence!

    • No alternative text description for this image
    • No alternative text description for this image
    • No alternative text description for this image
    • No alternative text description for this image

Affiliated pages

Similar pages

Browse jobs

Stock

LYFT

NASDAQ

20 minutes delay

$14.25

-0.23 (-1.588%)

Open
14.36
Low
14.21
High
14.5

Data from Refinitiv

See more info on Bing

Funding

Lyft 29 total rounds

Last Round

Post IPO debt

US$ 400.0M

See more info on crunchbase