Lyft is a public ride-hailing company headquartered at 185 Berry Street in San Francisco. For most of its history it was a North America-only rideshare challenger to Uber, without a large food delivery business. Since 2025 it has described itself as a global mobility platform, adding European taxi app FREENOW and chauffeur firm TBR. It reported 946 million rides in 2025 and more than 30 million active riders by mid-2026. The company is headquartered in San Francisco, California.
Lyft runs a two-sided marketplace. It does not own most of the cars on its network and treats drivers as independent contractors, a classification that remains contested. Riders pay a fare; Lyft passes most of it to the driver and keeps the remainder as revenue to cover insurance, payment processing, technology, and overhead. In FY2025 revenue of $6.3B equaled roughly 34% of $18.5B in gross bookings. Smaller lines include bikeshare and scooter systems run under city contracts, Lyft Business and healthcare rides, Express Drive vehicle rentals through its Flexdrive subsidiary, Lyft Media advertising, and, since 2025, European taxi bookings through FREENOW and chauffeur services through TBR Global Chauffeuring.