Lyft

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

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

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

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

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

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

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

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

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

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

News / Startups

Travel startup investments 2019 - a year in review

By Steven Lerner | December 11, 2019

Investors were pouring money into travel startups in 2019. Here's where that money went. Read More

News / Technology

Lyft reports uptick in revenue to $956M, keeps losing money in Q3 2019

By Steven Lerner | October 30, 2019

Despite the current losses, the company anticipates reaching profitability in terms of adjusted EBITDA by the fourth quarter of 2021. Read More

certify-q2-2019-business-travel-expenses

News / Technology

Uber and Lyft are dominating business travel expense claims

By Linda Fox | August 1, 2019

The suppliers that top business travel expense claims include Uber, Starbucks and Lyft according to Certify. Read More

News / Online

How Facebook's Libra cryptocurrency might fit into travel

By Linda Fox | July 1, 2019

Concerns are not surprising given the probes into the social media platform around privacy and wider concerns about cryptocurrencies, but, for travel, there are a few interesting elements about Libra. Read More