Lyft runs a ride-hailing app that connects riders with nearby drivers in the United States and Canada, and its Freenow app books taxis and other rides across Europe. In 2019, it became the first ride-hailing company to go public in the United States, weeks ahead of Uber. Riders see the price before they book and pay through the app, and Lyft keeps a share of each fare while independent drivers, who use their own or rented cars, earn the rest. Lyft also runs bike-share systems such as New York's Citi Bike, sells ads inside its app, and dispatches self-driving cars from partner companies in some cities. Lyft was founded in 2012 and is based in San Francisco, California.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
San Francisco, California
Founded
2012
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