- Symbol
- LYFT
- Segment MIC
- XNGS
- ISIN
- US55087P1049
- Trading currency
- USD
XNGS:LYFT — listed on NASDAQ GLOBAL SELECT MARKET
Lyft, Inc. operates a ride-hailing platform that connects drivers with passengers through its mobile application. The company generates revenue by taking a percentage of the fare paid by riders for each trip, with its fee capped at 30% before external fees. Lyft provides tools and resources for drivers to maximize their time on the road, including features to identify busy areas and opportunities for bonuses based on ride volume. The company primarily serves customers in urban areas across the United States.