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LYFT, INC

Company Profile Analysis

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LYFT, INC - ICT showcase

Year Founded & Workforce

2011-12-31

4,800 Employees

Industry

ICT

Services

L

LYFT, INC Overview

Company Headquarters: US

Founded: 2012

Workforce: ~4,800

Company Working: Lyft, Inc is a ride sharing platform operating in over 640 cities in The US and 9 Canadian cities. The company offers Car rides, scooters, and bicycle-sharing services through the Lyft mobile app for Android and IOS devices. The company operates in The US and Canada.

Strategy

Lyft, Inc follows an organic growth strategy. It strategizes expansion plans of its ride hailing and ride sharing services across North American cities by acquiring lobbying groups which help the company in getting past legal hurdles in its ride sharing Business. The company currently focuses on increasing market share in The US .

Company Snapshot

$342.2M

Revenue

4,800

Employees

2011-12-31

Founded

US

Headquarters

SWOT Analysis

Strengths

  • Exponential revenue growth

Weaknesses

  • Weak geographic presence

Opportunities

  • Growing two-wheeler ride hailing and sharing market

Threats

  • Highly competitive market ▪ Stringent regulatory environment

Key Developments

DateApproachDevelopment
June 2018AcquisitionLyft announced the acquisition of Motivate, the oldest and largest electric bike-share company in North America, for undisclosed terms. Motivate, which operates in New York as CitiBike; in Washington, D.C. as Capital Bikeshare; and in San Francisco as Ford GoBike, was reportedly on the cusp of selling to Lyft several weeks ago, with the outlet The Information reporting that Motivate was likely to fetch $250 million or more.

Product Offering

  • LYFT, INC
    • MaaS

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles LYFT, INC as part of our ongoing coverage of the ICT sector, drawing on public company data, filings, and market intelligence.

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Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

LYFT, INC

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