Lyft, Inc.

Lyft, Inc. is an American company that operates a multimodal transportation network, providing Transportation-as-a-Service (TaaS) through its mobile application. Founded in 2012, the company's core business revolves around connecting riders with drivers for peer-to-peer ridesharing services. Lyft's mission is to "improve people's lives with the world's best transportation", and its headquarters are located in San Francisco, California, at 185 Berry Street.

The company's offerings extend beyond traditional ride-hailing to include a variety of transportation options. Key services encompass different tiers of ridesharing (such as Wait & Save, Standard, Priority Pickup, Extra Comfort, and XL), bike and electric scooter rentals, and car rental services. Lyft also integrates public transit options within its app in select markets and provides corporate transportation solutions through its Lyft Business segment. The company primarily operates across the United States and Canada, targeting urban commuters, millennials, and a growing affluent customer base.

Lyft is publicly traded on the Nasdaq Global Select Market under the ticker symbol "LYFT". David Risher serves as the Chief Executive Officer, appointed in April 2023, while Logan Green and John Zimmer are the company's Chairman and President, respectively. Senthil Padmanabhan was appointed Chief Technology Officer, effective July 20, 2026. As the second-largest ridesharing company in the U.S. after Uber, Lyft held approximately 26% to 31% of the U.S. ride-hailing market share as of early 2026. The company has focused on achieving profitability, reporting sustained GAAP profitability in fiscal year 2025 following cost-cutting measures and an increase in active riders. Recent strategic developments include a partnership with United Airlines to allow MileagePlus members to use miles for rides and plans to leverage artificial intelligence for new features for riders and drivers. Lyft is also actively pursuing a self-driving strategy through partnerships with autonomous vehicle companies.