Lyft, Inc.

Travel app downloads surpass 2019 numbers, Hopper ranks top booking app
News / Online
Travel app downloads surpass 2019 numbers, Hopper ranks top booking app
By Jill Menze | September 27, 2021
According to a report from SensorTower, top travel booking apps exceeded 10.6 million downloads in Q2 2021 – an 81% jump compared to 2019. Read More
Lyft achieves adjusted EBITDA profitability for first time
News / Online
Lyft achieves adjusted EBITDA profitability for first time
By Mitra Sorrells | August 4, 2021
The ride-hailing company's Q2 revenue figure is an increase of 26% compared to the first quarter of this year when revenue was $609 million. Read More
Lyft and Ford unite to push autonomous ride-hailing services at scale
News / Technology
Lyft and Ford unite to push autonomous ride-hailing services at scale
By Kevin May | July 26, 2021
The motor manufacturing giant will deploy its vehicles and safety drivers, using Argo AI's autonomous driving software, on the Lyft network of services. Read More
Lyft sees revenue uptick in Q1 2021, claims profitability by Q3
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Lyft sees revenue uptick in Q1 2021, claims profitability by Q3
By Jill Menze | May 4, 2021
Lyft revenue grew 7% quarter-over-quarter from $569.9 million to $609 million as the ride-share company continues its recovery from the coronavirus pandemic. Read More
Lyft offloads self-driving car unit to Toyota
News / Online
Lyft offloads self-driving car unit to Toyota
By Jill Menze | April 27, 2021
Lyft is selling its self-driving vehicle division to Woven Planet Holdings, a subsidiary of Toyota Motor Corporation, for $550 million. Read More
marriott-uber
News / Online
Marriott partners with Uber to expand Bonvoy loyalty program
By Jill Menze | April 15, 2021
Marriott Bonvoy members can earn points by ordering food delivery via Uber Eats or requesting select Uber rides. Read More
As ride-hail companies recover, there are too few drivers to meet demand
News / Online
As ride-hail companies recover, there are too few drivers to meet demand
By Dawit Habtemariam - BTN | April 15, 2021
Ride-hailing companies are reporting a shortage of drivers as demand for their services picks up. Read More
lyft-q4-2020
News / Online
Lyft revenue grows 14% in Q4 to $570M
By Mitra Sorrells | February 9, 2021
Lyft says it expects to be profitable no later than the fourth quarter of this year. Read More
lyft-q3-2020-report
News / Online
Lyft revenue up 47% from Q2, aims for profitability by end of 2021
By Mitra Sorrells | November 10, 2020
Lyft says revenue from bikes and scooters was up about 40% collectively in Q3 2020.   Read More
lyft-q2-2020
News / Online
Lyft sees revenue, ridership drop 60% in Q2 as closures wipe out demand
By Mitra Sorrells | August 13, 2020
Lyft says monthly rideshare rides in July were up 78% compared to April.   Read More
Bike-sharing on the rise as COVID-19 hits demand for public transit, ride-sharing
News / Distribution
Bike-sharing on the rise as COVID-19 hits demand for public transit, ride-sharing
By Jill Menze | July 9, 2020
According to a new report from Foursquare and Apptopia, consumers are looking for isolated forms of transportation amid the coronavirus pandemic. Read More
Lyft reports increase in revenue, ridership in Q1 2020 despite coronavirus
News / Technology
Lyft reports increase in revenue, ridership in Q1 2020 despite coronavirus
By Jill Menze | May 6, 2020
Lyft is reporting revenue of $955.7 million in the first quarter of 2020, a year-over-year increase of 23% versus $776 million in the first quarter of 2019. Read More
calm before storm
News / Online
Calm before the coronavirus storm - recap of latest online travel earnings
By Steven Lerner | March 23, 2020
We've updated PhocusWire's visual history of online travel company revenues to include the most recent quarter. Read More
Lyft achieves first billion-dollar revenue quarter, keeps 2021 profitability target date in place
News / Online
Lyft achieves first billion-dollar revenue quarter, keeps 2021 profitability target date in place
By Steven Lerner | February 12, 2020
 As Lyft tries to recover from its first less-than-stellar year in the public markets, the ride-sharing company showed significant improvement in its fiscal year 2019 result.   Read More
earnings preview online travel february 2020
News / Online
Google, Barry Diller, annual marketing spend - what to watch in upcoming online travel earnings
By Steven Lerner | February 3, 2020
Here are six important questions regarding the upcoming earnings for online travel companies.   Read More