Lyft

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Lyft, Inc.

logo
legal form Incorporated
ISIN US55087P1049
founding June 9, 2012
Seat San Francisco , California , United States of America
Branch Personnel logistics
Website www.lyft.com
As of May 11, 2019

Trolley with the logos of the three transport companies Lyft, Uber and Sidecar, San Francisco 2014
Lyft pick / drop sign

Lyft is an American service company. As a direct competitor of Uber , the transport operator has so far only appeared in North America, where it has a market share of 39% according to company information.

history

Lyft was founded in 2012 in San Francisco , California. A cooperation with General Motors has existed since 2016 .

In 2018, the company had sales of $ 2.2 billion but posted a loss of $ 911 million. When it went public in March 2019, the company was valued at $ 24 billion.

criticism

The driver service agent Lyft decided in August 2020 to suspend operations in the US state of California over the dispute over the status of drivers. The reason is a judge's decision that drivers active on such platforms in the state must be treated as employees rather than independent contractors under a 2019 law. However, Lyft prefers to stop operations rather than hire tens of thousands of drivers. The head of the bigger Lyft rival Uber , Dara Khosrowshahi, previously promised a similar approach.

Web links

Commons : Lyft  - collection of pictures, videos and audio files

Individual evidence

  1. ↑ Lyft: Uber rival posts strong business growth - investors hope for an end to the drought , onvista, August 8, 2019
  2. ↑ One drives, the other gets rich , Die Zeit, March 27, 2019
  3. ↑ Future mobility: GM is investing in Uber competitor Lyft. Retrieved June 4, 2019 .
  4. ↑ Henning Jauernig: IPO of the Uber rival: Why the Lyft share shoots up . In: Spiegel Online . March 29, 2019 ( spiegel.de [accessed June 4, 2019]).
  5. ↑ Transportation Service Providers: Five Things You Need to Know About a Lyft IPO. Retrieved June 4, 2019 .
  6. ↑ heise online: Lyft is worth almost 25 billion US dollars after its IPO. Retrieved June 4, 2019 .
  7. ↑ heise online: Lyft: Despite deep red numbers towards the stock exchange. Retrieved June 4, 2019 .
  8. ^ John Naughton: All hail the California court that put the brakes on Uber and co. The Guardian , August 22, 2020 (accessed August 24, 2020)
  9. ↑ manager magazin: Judge's verdict pissed off shareholders of Uber and Lyft. August 11, 2020 (accessed August 24, 2020)