Lyft owns and operates multimodal transportation networks across the United States and Canada, offering a marketplace platform that connects drivers and riders through the Lyft App. Transportation options available on the platform include: Ridesharing Marketplace – On-demand matching of riders with drivers. Light Vehicles Network – A fleet of light vehicles supporting a range of transportation needs. Express Drive Program – Short-term vehicle rentals through Flexdrive or third-party partners, enabling drivers to participate in the ridesharing marketplace. Lyft Rentals – Car rentals for personal use over fixed periods. Lyft Driver Centers and Auto Care – Maintenance and collision repair... Lyft owns and operates multimodal transportation networks across the United States and Canada, offering a marketplace platform that connects drivers and riders through the Lyft App. Transportation options available on the platform include: Ridesharing Marketplace – On-demand matching of riders with drivers. Light Vehicles Network – A fleet of light vehicles supporting a range of transportation needs. Express Drive Program – Short-term vehicle rentals through Flexdrive or third-party partners, enabling drivers to participate in the ridesharing marketplace. Lyft Rentals – Car rentals for personal use over fixed periods. Lyft Driver Centers and Auto Care – Maintenance and collision repair services for drivers and riders through Lyft-operated facilities. With the acquisition of FREENOW, Lyft has strengthened its position as a top global multi-mobility platform, expanding its reach to a total addressable market (TAM) of approximately 300 billion personal vehicle trips annually. Looking ahead to 2026, Lyft plans to launch AV services in Nashville with Waymo, in Europe with Baidu, in Dallas with Mobileye and Marubeni. Lyft’s global presence is expanding rapidly following the acquisitions of FreeNow and TBR Global Chauffeuring. Lyft acquired TBR, a luxury chauffeuring provider, for £83mn in cash plus additional contingent consideration. The transaction, valued at approximately EUR175mn, has recently closed and will be reflected in Lyft’s financials later this year. TBR operates in 120 countries and more than 3,000 cities, giving Lyft meaningful access to international premium travel markets. TBR’s luxury transport offering complements FreeNow’s taxi operations across London, Paris, Berlin, and more than 150 cities in Europe. Read more

The ridesharing market in the United States and Canada has experienced double-digit growth over the past five years, driven by the convenience of on-demand transportation in densely populated cities, shifting preferences among younger demographics, and the expansion of service offerings by ridesharing platforms. To strengthen user engagement, ridesharing companies have increasingly emphasized sustainability and service diversification, introducing options such as delivery services, scooters, and bikes. These initiatives have helped transform the industry into a more integrated Transportation-as-a-Service (TaaS) ecosystem, making urban mobility more accessible, efficient, and user-friendly. Lyft plans to engage across multiple segments of the autonomous vehicle (AV) value chain, including asset ownership and financing, fleet management, mobility platforms and marketplaces, and enhancing rider demand and experience. The company continues to expand its AV partnerships: In Europe, Baidu and Lyft plan to deploy an AV fleet through ApolloGo in key markets by 2026. In the United States, Lyft intends to launch autonomous shuttles in collaboration with BENTELER Mobility and introduce May Mobility services in Atlanta this summer.