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Improving people’s lives with the world’s best transportation

Improving people’s lives with the world’s best transportation

Lyft was founded in 2012 by Logan Green and John Zimmer to improve people’s lives with the world’s best transportation, and is available to approximately 95 percent of the United States population as well as select cities in Canada. Lyft is committed to effecting positive change for our cities by offsetting carbon emissions from all rides, and by promoting transportation equity through shared rides, bikeshare systems, electric scooters, and public transit partnerships.
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Latest Stories and News

Seattle adopts minimum wage for Uber and Lyft drivers

  • GeekWire
  • 3 weeks ago
  • Seattle became the second big city in the nation to establish a minimum wage standard for Uber and Lyft drivers.
  • The Seattle City Council unanimously voted to adopt new regulations designed to ensure Uber and Lyft drivers earn the city’s $16.39 per hour minimum wage.
  • The new law requires transportation network companies to pay drivers at least $0.56 per minute when there is a passenger in the vehicle as well as a per-mile rate to cover expenses.
  • The city says that standard will ensure drivers earn at least Seattle’s minimum wage, assuming they spend about 50% of their time waiting for rides or driving to pick up passengers. The minimum compensation standard takes effect on Jan. 1.
Seattle adopts minimum wage for Uber and Lyft drivers

An appeals court blocked an order requiring Uber and Lyft to classify drivers as employees

  • Nytimes
  • 2 months ago
  • Uber and Lyft threatened to suspend ride-hailing services throughout California on Thursday night, a defiant reaction to a judge who ordered the companies to reclassify their drivers as employees.
  • But hours before the ride-hailing blackout was set to begin, an appeals court granted Uber and Lyft a temporary reprieve, allowing them to continue operating while the court weighs their appeal. Oral arguments in the case are set for mid-October.
  • An appeals court is weighing the companies’ requests to overturn a judge’s order to employ drivers, but it is not clear when the court will issue a ruling. The court has ordered Uber and Lyft to submit plans for hiring employees by early September, in case the court does not decide in their favor.
An appeals court blocked an order requiring Uber and Lyft to classify drivers as employees

Uber and Lyft consider franchise-like model in California

  • Nytimes
  • 2 months ago
  • Uber and Lyft are seriously discussing is licensing their brands to operators of vehicle fleets in California. The change would resemble an independently operated franchise, allowing Uber and Lyft to keep an arms-length association with drivers so that the companies would not need to employ them and pay their benefits.
  • The idea would effectively be a return to the days of how groups of black cars were run. Lyft has presented the plan to its board of directors. Uber, which already works with fleet operators in Germany and Spain, is also familiar with the business model.
  • The companies have not committed to the franchise-like plans. Uber and Lyft are waiting to see how California’s legal situation around drivers, who have been treated as independent contractors, plays out first.
Uber and Lyft consider franchise-like model in California
Total raised

$5.3B

Funded over

15 rounds

Latest round

IPO (May 2019)

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Healthcare

Parental leave

Generous vacation

Commuter

20% off all lyft rides

+2 more