Lyft
Public
Lyft, Inc.: A leading American ride-hailing and mobility service, offering vehicle hire, scooters, bike-sharing, and food delivery.
Founded
2012Lyft, Inc.: A leading American ride-hailing and mobility service, offering vehicle hire, scooters, bike-sharing, and food delivery.
Lyft's core product is a ride-hailing marketplace that connects passengers with drivers through a mobile app, offering options from budget-friendly Wait & Save to premium Black SUV rides. Passengers see upfront fares, schedule rides in advance, and earn rewards on every trip.
Beyond personal rides, the platform includes a Lyft Pink subscription with priority pickup upgrades and savings, Bay Wheels bike sharing in select markets, and Lyft Business for corporate ground transportation. The company also runs Lyft Up, which provides access to rides for communities in need.
Lyft is expanding from a North American ride-hailing app into a global mobility platform. Its 2025 acquisition of Freenow broadened European coverage to more than 180 cities, while partnerships with Waymo and May Mobility add autonomous-vehicle deployments in the United States.
The company continues to layer subscription, corporate, and micromobility services onto its driver marketplace. This multi-service approach aims to increase rider and driver retention, capture higher-value segments such as business travel, and scale in regulated international taxi and ride-hail markets.
Lyft positions itself as the second-largest ridesharing network in the United States, competing with Uber by emphasizing driver-friendly policies, transparent upfront pricing, and a broad range of ride tiers from budget to luxury. Its subscription program and business-travel portal help lock in recurring demand.
The company's mobility ecosystem extends beyond consumer ride-hailing through bike- and scooter-sharing, corporate travel accounts, and partnerships for autonomous rides. This breadth lets Lyft capture more transportation spend per user while differentiating against single-service competitors.