Lyft

Explore how artificial intelligence is transforming travel through automation, personalization, and smarter decision-making across the industry.

News / Online

Ongoing travel recovery boosts Q1 earnings for Uber and Lyft

By Derek Catron | May 4, 2023

Both Uber and Lyft reported year-over-year revenue increases for the first quarter, as leaders at both companies spoke of the benefits of a competitive ride-sharing market. Read More

News / Online

Tech industry veteran to take wheel as CEO of Lyft

By Kathryn Walson | March 28, 2023

Since 2009, former Amazon and Microsoft executive David Risher has been CEO of Worldreader, a San Francisco-based nonprofit whose mission is to improve reading outcomes in children ages 3-12. Read More

News / Online

WATCH: Visualization of revenue for digital travel brands through 2022

By PhocusWire | March 23, 2023

From a revenue standpoint, 2022 was an up year for most online travel brands, with many reporting record financial results. Read More

News / Online

Uber, Lyft earnings may bode well for travel trends

By Derek Catron | February 9, 2023

Both companies anticipate gross bookings to grow 20 to 24% year over year in the current quarter. Read More

News / Online

Lyft reports highest profit in company’s history

By Kathryn Walson | August 4, 2022

In Q2 2022, Lyft almost doubled its adjusted net income, from $24.6 million in Q1 to $46.4. Read More

News / Online

Lyft Q1 profit of $55M exceeds outlook by $40M

By Mitra Sorrells | May 3, 2022

Lyft achieved adjusted EBITDA of $55 million and revenue of $876 million in the first quarter of this year. Read More

News / Technology

Lyft boosts bike-share presence with PBSC acquisition

By Linda Fox | April 20, 2022

The acquisition is expected to double the size of Lyft’s current micromobility offering, with PBSC having 7,500 stations and 95,000 bikes across 15 countries. Read More

News / Online

Corporate spend management startup Ramp launches travel solution

By Michael B. Baker | February 28, 2022

The Ramp for Travel tool lets travel managers set policies for air, travel and lodging and spending limits and receive alerts whenever employees are spending out of policy. Read More

News / Online

Lyft posts first full year of adjusted EBITDA profitability

By Jill Menze | February 8, 2022

The ride-hailing app also reports “new COVID records” for Q4 2021. Read More

News / Online

Lyft achieves second quarter of adjusted EBITDA profitability

By Jill Menze | November 2, 2021

For the third quarter of 2021, Lyft also reported record revenue per active rider. Read More

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

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

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

News / Online

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