Business Description
Lyft is a US-based transportation company that connects passengers with drivers through its mobile app, while also offering rental cars for drivers, and shared bikes and scooters for shorter journeys in select cities. The company generates additional revenue through advertising, data licensing agreements, and the sale of bike-sharing hardware and software. Founded in 2007 and headquartered in San Francisco, Lyft was originally known as Zimride before rebranding in 2013.