Business PerformanceLyft is experiencing significant growth through technology and driver-centric innovations, leading to increased ride volume and positive economic profit, which enhances shareholder value.
International ExpansionThe acquisition of the European taxi-hailing app FREENOW allows Lyft to expand its presence to nine European countries, doubling its addressable market.
New Product LaunchesNew product launches like Women+ Connect, Price Lock, and Lyft Silver are driving new riders and increased ride frequency, contributing to growth.