| Market Capitalization (Millions $) |
9,281 |
| Shares
Outstanding (Millions) |
413 |
| Employees |
4,681 |
| Revenues (TTM) (Millions $) |
6,274 |
| Net Income (TTM) (Millions $) |
151 |
| Cash Flow (TTM) (Millions $) |
632 |
| Capital Exp. (TTM) (Millions $) |
0 |
Lyft Inc
Lyft Inc. is one of the leading ride-sharing companies in the United States. It was founded in 2012 by Logan Green and John Zimmer as a peer-to-peer transportation network in San Francisco, California. Since then, the company has expanded rapidly and now operates in more than 600 markets across the United States and Canada.
Lyft provides an app-based service that allows users to request rides from nearby drivers. The app is available for both iOS and Android devices, and users can set their pickup and drop-off locations, view the price of the ride, and track the driver's location in real-time. The company offers a range of ride types, which include regular Lyft rides, shared rides, luxury rides, and scooters.
One of the key aspects of the Lyft business model is its emphasis on community and social responsibility. The company has a number of programs in place to support drivers, reduce congestion, and promote sustainable transportation. For example, the Lyft Driver Advisory Council provides a platform for drivers to share feedback and ideas with the company, while the Lyft Community Pass program provides discounted rides to low-income residents in certain areas.
Lyft Inc. went public in March 2019, with an initial public offering that valued the company at around $24 billion. Since then, the company has continued to grow its user base and expand its services. It has also faced a number of challenges, most notably the COVID-19 pandemic, which led to a significant drop in demand for ride-sharing services.
Overall, Lyft Inc. is a dynamic and innovative company that has had a major impact on the transportation industry. Its commitment to community and sustainability sets it apart from other ride-sharing companies, and its continued growth suggests that its influence will only continue to grow in the years ahead.
Company Address: 185 Berry Street San Francisco 94107 CA
Company Phone Number: 250-2773 Stock Exchange / Ticker: NASDAQ LYFT
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3.93%