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Company:
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LYFT, INC. (LYFT)
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Form Type:
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4
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Filing Date:
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4/9/2020
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CIK:
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0001759509
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Address:
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185 BERRY STREET, SUITE 5000
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City, State, Zip:
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SAN FRANCISCO, California 94107
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Telephone:
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844-250-2773
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Fiscal Year:
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12/31
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Last Trade
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Last Trade:
$43.62
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Change:
-3.28 (-6.99%)
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Trade Time:
Jan 27
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Market Cap:
$13.47B
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Description of Business
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Lyft started a movement to revolutionize transportation. In 2012, we launched
our peer-to-peer marketplace for on-demand ridesharing and have continued to
pioneer innovations aligned with our mission. Today, Lyft is one of the largest
and fastest-growing transportation networks in the United States and Canada.
We believe that cities should be built for people, not cars. Mass car ownership
in the twentieth century brought unprecedented freedom to individuals and
spurred significant economic growth. However, in the process, city
infrastructure became overwhelmingly devoted to cars. Roads and parking lots
have replaced too much green space. Mass car ownership strains our cities and
reduces the very freedom that cars once provided. Car ownership has also
economically burdened consumers and can equate to a substantial portion of a
household's transportation spend despite the average car being parked and unused
a majority of the time.
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