Lyft, Inc.
LY0.DE
Deutsche Börse11.85
EUR
+0.50
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Lyft, Inc.
LY0.DE
(Deutsche Börse)
Recent
price
11.85
P/E
ratio
- -
div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Lyft, Inc. operates as a leading peer-to-peer marketplace for on-demand ridesharing and multimodal transportation primarily in the United States and Canada, with recent expansion into Europe through its Free Now platform. The company’s core services include ride-hailing through its Lyft app; shared rides; electric scooter and bicycle-sharing systems; autonomous vehicle ride-hail services in partnership with Motional and Mobileye; and luxury chauffeur services following the acquisition of TBR Global Chauffeuring. Lyft’s platform also supports driver flexibility by allowing work on their own schedules and offers integrated public transit partnerships to enhance urban mobility. Founded in 2007 and headquartered in San Francisco, California, Lyft targets both individual consumers and corporate clients through its diverse mobility offerings. In the last two years, Lyft has undergone significant strategic expansions and operational changes. Notably, in July 2025, Lyft acquired Free Now for €175 million, markedly increasing its European market footprint to over 11 countries and adding approximately $1.14 billion in annualized gross bookings. This acquisition positions Lyft as a serious contender against Uber in Europe's fragmented mobility market. In September 2025, Lyft established a strategic partnership with Waymo to deploy fully autonomous ride-hailing services in Nashville starting in 2026, highlighting its shift toward autonomous vehicle technology and fleet management. Earlier, in October 2025, Lyft acquired TBR Global Chauffeuring, expanding its luxury transportation capabilities globally across six continents and over 120 countries. Lyft also announced multiple autonomous vehicle partnerships with Mobileye, May Mobility, and Nexar to integrate AV technology into its network, further reinforcing its autonomous ride-hail ambitions. Furthermore, Lyft discontinued its car rental service, Lyft Rentals, in 2023 to refocus on core ride-hailing and multimodal transport solutions. Lyft’s business segments encompass ridesharing, bike and scooter sharing, autonomous vehicle ride services, and chauffeur-driven ground transportation. It operates primarily in North America, with an expanding presence in European urban centers following the Free Now acquisition. Lyft’s innovations include app-based services allowing real-time ride management and electric bike fleets with notable range and speed capabilities. The company’s efforts in autonomous vehicle deployment, including electric and fully driverless robotaxis, align with industry trends toward electrification and automation. Lyft went public in 2019 and continues to evolve its market strategies and technology partnerships to maintain competitive positioning in the global mobility services industry. Overall, Lyft delivers comprehensive urban mobility solutions through technology-driven platforms, diversified product offerings spanning shared rides to luxury chauffeuring, and growth initiatives focused on autonomous vehicles and international expansion. Its recent acquisitions and partnerships reflect a strategic transformation aimed at integrating advanced mobility technologies and scaling geographic presence beyond its traditional U.S. base. The company remains headquartered in San Francisco, California, and is publicly traded under the ticker LYFT.