Lyft

Lyft
NIST Sector	Transportation
GICS Industrial	Commercial & Professional Services
Smart Tag(s)
Business type	Public
Year Founded	June 9, 2012
Founder(s)	Logan Green John Zimmer
City, State	San Francisco CA
Country	United States
Region Served	Worldwide
Executives	Logan Green John Zimmer Brian Roberts
Revenue	$3.21 billion€ 2.825 <br />£ 2.375 <br />CA$ 4.077 <br />CNY 20.319 <br />KRW 3.934 <br />
Number of employees	4,453
Sponsorship Level	Of Interest

Members

Lyft, Inc. is an American mobility as a service provider that develops, markets, and operates a mobile app, offering ride-hailing, vehicles for hire, motorized scooters, a bicycle-sharing system, rental cars, and food delivery. It is based in San Francisco, California and operates in 645 cities in the United States and 10 cities in Canada. Lyft does not own any vehicles; instead, it receives a commission from each booking. Fares are quoted to the customer in advance but vary using a dynamic pricing model based on the local supply and demand at the time of the booking.

As of 2022, with a 29% market share, Lyft is the second-largest ridesharing company in the United States after Uber.

Activities

		Minneapolis Mobility Hubs
		In 2019, the City of Minneapolis launched a mobility hub pilot program to increase access to convenient, low or no carbon transportation options, including transit, shared scooters and Nice Ride bicycles.
		Smart Work Learn Play - Participatory Smart City Innovation and Digital Inclusion in Public and Subsidized Housing
		Smart Work Learn Play, initiated by the Housing Authority of the City of Austin (HACA), with support from Next Century Cities, the Transit Empowerment Fund and the City of Austin’s Digital Inclusion and Transportation departments, aims to ensure that the design, deployment and use of smart cities technologies are inclusive and equitable. The program hires HACA-resident Smart City Ambassadors to work local government and corporate partners to: 1) teach HACA residents how to use digitally-enabled education, workforce and transportation tools; 2) advocate for and manage meaningful partnerships with private smart city technology providers; 3) engage in democratic processes, online and face-to-face with local and other government officials; 4) participate in design of smart city systems and tools with a wide array of actors. This project has successfully conducted a small pilot phase with non-profit and corp partners. In this stage, we will build on that pilot to encompass a broad array of smart city issues, technologies, tools and diverse low income populations.