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Corporation
MOBILE & TELECOMMUNICATIONS | Mobile Commerce / Travel (mobile)
lyft.com

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Founded Year

2012

Stage

IPO | IPO

Total Raised

$4.763B

Date of IPO

3/29/2019

Market Cap

18.80B

Stock Price

51.58

Revenue

$0000 

About Lyft

Lyft is a ride-sharing platform in the U.S. Lyft enables peer-to-peer transportation by matching passengers with nearby drivers through on-demand or pre-scheduled rides.

Lyft Headquarter Location

185 Berry Street Suite 5000

San Francisco, California, 94107,

United States

844-250-2773

Latest Lyft News

Motional Previews the Self-Driving Taxi Experience, With Lyft as Its First Partner

Oct 15, 2021

October 15, 2021 - Advertisement - The passenger experience will be influenced by ride-sharing partners including Lyft, each company providing its own user interface. - Advertisement - Lyft said it has designed its experience to mimic existing user behavior, including customers’ tendency to turn to the Lyft app not only while driving but also during their rides, said Lyft Autonomous general manager Jody. Kelman said. “They don’t have to break their basic pattern when they’re riding,” Ms. Kelman said. Other companies like Alphabet Inc. NS - Advertisement - Cruise LLC and Uber Technologies Inc. They are also involved in developing their own driverless ride-sharing services. Driverless taxis that are viable in real-world conditions are taking longer than some officials predicted. But in the meantime the companies pursuing robotaxis are also working hard at designing new experiences for passengers to ensure that customers feel comfortable without drivers behind the wheel. Many Americans are wary of self-driving cars. Sixty-eight percent of respondents to a September 2020 survey by researcher JD Power said they were concerned about technology failures and errors posed by such vehicles. A survey conducted by the AAA in January found that 54% of drivers said they were afraid to ride in a self-driving car. “Many of the issues are rooted in trust,” said Kristin Kolodge, executive director of driver interaction and human machine interface at JD Power. “Can I trust that it’s going to work? Is it really going to be ready? Will it actually be better than running it myself?” Lyft’s Ms. Kelman said, Lyft’s driverless experience will begin and end with the app, as it does with traditional rides today, giving people a sense of familiarity. “And what we found was that touches of familiarity have been instrumental in helping people,” she said. Research by Motional strengthened the centrality of smartphones and ride-hailing apps for travelers alike. Rob Brown, director of product at the company, said Motion originally thought passengers would want to open the trunk using the touch screen in the car, but user testing found most people lean toward their phones. So Motional made sure the trunk could be opened through ride-hailing apps as well, he said. “We really believe that if we have an experience that’s awkward to use, it’ll eventually turn people off, and we’re trying to focus on making it as easy as possible,” Mr. Brown said. Features beyond the app include exterior light-emitting diode, or LED, light strips with windows that will flash to let passengers know when the doors have been unlocked and three screens in the car that map the route and estimated time of arrival. provide such information. There are three buttons at the bottom of the screen: a start button to start the ride, a customer service button if passengers need to talk to someone on the way and another button to signal the vehicle to pull over. Some observers say riders’ lack of experience with driverless vehicles will be a deterrent to robotic taxi services. It could help people see autonomous vehicles delivering packages or food earlier, said Greg Brannan, director of automotive engineering and industry relations at AAA. “One of the most important things for self-driving cars to reach critical mass is that people have the opportunity to experience it in a way that they believe is safe and effective,” he said.

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The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing Lyft

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Lyft is included in 5 Expert Collections, including Smart Money VCs (2017-2019).

S

Smart Money VCs (2017-2019)

6,297 items

We crunched the data to identify the 24 VC firms with the best combination of portfolio valuations and investment outcomes.

H

HLTH

199 items

HLTH is a healthcare event bringing together startups and large companies from pharma, health insurance, business intelligence, and more to discuss the shifting landscape of healthcare

T

Tech IPO Pipeline 2019

286 items

M

Mobility-as-a-Service

553 items

Companies developing solutions to streamline the way people move themselves. Includes companies providing on-demand access to passenger vehicles and micromobility solutions as well as companies integrating multiple modes of transport, including public transit, into one service.

C

Conference Exhibitors

5,302 items

Lyft Patents

Lyft has filed 469 patents.

The 3 most popular patent topics include:

  • Autonomous cars
  • Social networking services
  • Sensors
patents chart

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Grant Date

Title

Related Topics

Status

12/28/2018

10/5/2021

Military trucks, Diagrams, Autonomous cars, Motor scooters, Systems engineering

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10/5/2021

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Military trucks, Diagrams, Autonomous cars, Motor scooters, Systems engineering

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Lyft Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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