Lyft

Summary

About

About Lyft

Lyft operates a mobility marketplace connecting riders with drivers and transport services. The company was founded in 2012, is headquartered in San Francisco and expanded into Europe by completing its acquisition of FREENOW in July 2025.

Lyft's Korthos relevance is its direct role in autonomous-mobility deployment and operations, not its conventional rideshare business by itself. Lyft and Baidu agreed to deploy Apollo Go autonomous rides in Europe, with FREENOW providing the local marketplace and operating layer. In July 2026, dozens of Baidu RT6 vehicles began public-road testing in Brent, London, with human safety operators. Public passenger access remains targeted for 2027 and subject to approval.

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Financials

  • LYFT - NASDAQ - USD

Team

  • David Risher - Chief Executive Officer - Leads Lyft and its mobility-platform strategy.

Timeline

Events

  • 2026-09-09 - Deployment - Lyft launches fully autonomous Waymo rides in Nashville

    Eligible trips include Standard, Priority Pickup, Wait & Save and Extra Comfort rides that start and end in the central Nashville service area. Lyft and Waymo dynamically dispatch vehicles from one fleet across both apps, with availability planned to increase over the following weeks. The service area covers Downtown/Broadway, North Nashville/Germantown, East Nashville, Midtown and South Nashville.

    Source
  • 2026-07-28 - Deployment - Baidu and FREENOW begin Apollo Go RT6 public-road testing in London

    The testing fleet comprises dozens of purpose-built Apollo Go RT6 vehicles. Human safety operators remain in the vehicles during the current public-road testing phase. Public passenger access is targeted for 2027 and remains subject to regulatory approval.

    Source
  • 2025-08-04 - Partnership - Baidu and Lyft sign Apollo Go robotaxi partnership for Europe

    Initial deployments are planned for Germany and the United Kingdom in 2026, pending regulatory approval, with a longer-term goal of scaling to thousands of vehicles across Europe. Baidu will provide Apollo Go’s sixth-generation RT6 vehicles, autonomy technology and technical support, while Lyft will manage the marketplace and operational value chain through its mobility platform. The RT6 is fully electric and uses Apollo’s Autonomous Driving Foundation Model, a 10-layer safety-redundancy architecture and a dedicated sensor suite; the European rollout remains planned rather than completed.

    Source
  • 2025-07-31 - Acquisition - Lyft completes €205.9M acquisition of FREENOW

    Lyft's initial post-close purchase price was €204.1 million before provisional accounting updates. Revised provisional consideration is €205.9 million ($236.8 million), superseding the earlier €175 million cash headline.

    Source
  • 2021-07-20 - Acquisition - Woven Planet closes acquisition of Lyft Level 5

    Woven Planet announced the acquisition close on July 20, 2021, following regulatory review of the previously agreed transaction. The transfer included more than 300 engineers and specialists, Level 5 offices in Silicon Valley and London, and automated-driving technology assets. Lyft retained commercial agreements covering use of its rideshare system and fleet data while leaving internal self-driving-system development.

    Source

Notes

Profile notes

  • Lyft sold Level 5 but retained a commercial role in autonomous ride-hailing

    reviewed 2026-07-19 - Lyft sold the assets of its Level 5 self-driving division to Woven Planet in 2021 and transferred roughly 300 employees. The transaction ended Lyft's in-house automated-driving development programme rather than ending its interest in autonomous rides.

    Source

Relations

Relationships

  • Waymo

    Technology Partner - Lyft distributes fully autonomous Waymo rides through its Nashville app and dispatch network.

  • Baidu

    European Autonomous Mobility Partner - Baidu and Lyft are working together to deploy Apollo Go autonomous rides in Europe.

  • FREENOW

    Parent Company - FREENOW is a Lyft subsidiary following completion of Lyft's acquisition in July 2025.

  • Woven Planet

    Division Acquired By - Woven Planet acquired Lyft's Level 5 automated-driving division.

  • May Mobility

    Autonomous Ride Hail Platform Partnership - May Mobility and Lyft operate a multi-year autonomous ride-hail partnership, with May vehicles available on Lyft in Atlanta.