Did you know that Lyft is a transportation network company based in San Francisco, California?
Did you know that all Lyft Riders must download the Lyft mobile app to their iOS or Android-based phone, sign up, enter a valid Apple Pay, Google Wallet or PayPal account)?[9]phone number, and enter a valid form of payment (either a credit card, or link to an
Did you know that Lyft passengers can then request a ride from a nearby driver although once confirmed, the app shows the driver's name, ratings by past passengers, and photos of the driver and car?[10]
Did you know that Lyft drivers and passengers can add personal information to their profiles about their hometown, music preferences, and other details to encourage drivers and passengers to converse during the ride?[11]
Did you know that after the Lyft ride is over, the rider is given the opportunity to provide a gratuity to the driver, which is also billed to the rider's payment method?[12]
Did you know that Lyft offers four types of rides within the app?[13]
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| Lyft Premier |
- Did you know that Lyft Line, which is not available in all cities, is the cheapest option and will match passengers with other riders if they are going in the same direction?[14]
- Did you know that Lyft is the basic and most popular offering that matches passengers with nearby drivers?
- Did you know that Lyft Plus matches passengers with a six-seater car?[15]
- Did you know that Lyft Premier matches passengers with a more Premium ride with seating for four?[16]
- Did you know that Lyft Lux matches passengers with a luxury car (ie: SUVs with highly rated drivers)?
Did you know that although Lyft drivers are classified as independent contractors, Lyft also insures each driver with a US$1 million commercial liability policy that is primary to a driver’s personal policy. Additional coverage includes?[22]
- Contingent comprehensive and collision coverage up to $50,000 with a $2,500 deductible. (Applies from the time a driver accepts a ride request until the time the ride is ended in the app.)
- Contingent liability coverage up to $50,000 per person/$100,000 per accident/$25,000 property damage. (Applies from the time when a driver flips into driver mode until the driver accepts a ride request.)
- Uninsured/underinsured motorist coverage up to $1 million. (Applies from the time a driver accepts a ride request in the app until the time the ride is ended in the app.)
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| Logan Green, CEO, John ZimmerPresident |
Did you know that Lyft was launched in the summer of 2012 by Logan Green and John Zimmer as a service of Zimride, a long-distance ridesharing company the two founded in 2007?[23]
Did you know that Zimride focused on ridesharing for longer trips, often between cities,[24] and linked drivers and passengers through the Facebook Connect application?[25]
Did you know that Zimride eventually became the largest rideshare program in the United States (U.S.)?[26][27]
Did you know that Green had the inspiration for Zimride after sharing rides from the University of
California, Santa Barbara campus to visit his girlfriend in Los Angeles?[28]
Did you know that Green had used Craigslist’s ride boards but wanted to eliminate the anxiety of not knowing the passenger or driver?[28]
Did you know that Green was introduced to John Zimmer through a mutual friend and the pair initially met on Facebook?[29]
Did you know that Zimride (The company name) came from the country Zimbabwe, where, during a trip in 2005, Green observed locals sharing minivan taxis?[30][29]
Did you know that Green came back to the US inspired to create that same form of transportation in the US, his coding experience helped him to develop the site in four months?[30][32]
Did you know that Zimride launched the first version of the rideshare program at Cornell University, where, after six months, the service had signed up 20% of the campus?[33][34]
Did you know that in May 2013, the company officially changed its name from Zimride to Lyft?[36]
Did you know that the change from Zimride to Lyft was the result of a hackathon that sought a means of daily engagement with its users, instead of once or twice a year?[37]
Did you know that Zimride was focused on college campuses, but Lyft launched as an on-demand ridesharing network for shorter trips within cities?[35]
Did you know that Lyft is similar to Zimride, because the app connects drivers with cars to
passengers that need rides?
Did you know that Lyft’s launch in New York City occurred on the evening of July 25, 2014 and, in accordance with the Taxi and Limousine Commission (TLC) and the approval of the Manhattan Supreme Court, only drivers registered with the TLC were permitted to drive Lyft-branded vehicles in New York City?[47]
Did you know that in May 2016, Lyft began offering a service to let clients schedule rides up to 24-hours in advance?[48]
Did you know that in the summer of 2016, Lyft started to offer riders the ability to make multiple stops during a trip?
Did you know that In January 2017, Lyft announced it would add 100 U.S. cities, bringing its total to 300 U.S. cities served?[5]
Did you know that Lyft faces competition from: Fasten, Haxi, Uber, Via, and other car service startups?
Did you know that Lyft's global alliance includes China's Didi Chuxing, India's Ola Cabs, and Southeast Asia's Grab, Go-Jek?
Did you know that Green had used Craigslist’s ride boards but wanted to eliminate the anxiety of not knowing the passenger or driver?[28]
Did you know that Green was introduced to John Zimmer through a mutual friend and the pair initially met on Facebook?[29]
Did you know that Zimride (The company name) came from the country Zimbabwe, where, during a trip in 2005, Green observed locals sharing minivan taxis?[30][29]
Did you know that Green came back to the US inspired to create that same form of transportation in the US, his coding experience helped him to develop the site in four months?[30][32]
Did you know that in May 2013, the company officially changed its name from Zimride to Lyft?[36]
Did you know that the change from Zimride to Lyft was the result of a hackathon that sought a means of daily engagement with its users, instead of once or twice a year?[37]
Did you know that Zimride was focused on college campuses, but Lyft launched as an on-demand ridesharing network for shorter trips within cities?[35]
Did you know that Lyft is similar to Zimride, because the app connects drivers with cars to passengers that need rides?
Did you know that Lyft’s launch in New York City occurred on the evening of July 25, 2014 and, in accordance with the Taxi and Limousine Commission (TLC) and the approval of the Manhattan Supreme Court, only drivers registered with the TLC were permitted to drive Lyft-branded vehicles in New York City?[47]
Did you know that in May 2016, Lyft began offering a service to let clients schedule rides up to 24-hours in advance?[48]
Did you know that in the summer of 2016, Lyft started to offer riders the ability to make multiple stops during a trip?
Did you know that In January 2017, Lyft announced it would add 100 U.S. cities, bringing its total to 300 U.S. cities served?[5]
Did you know that Lyft faces competition from: Fasten, Haxi, Uber, Via, and other car service startups?
Did you know that Lyft's global alliance includes China's Didi Chuxing, India's Ola Cabs, and Southeast Asia's Grab, Go-Jek?
Did you know that as a privately held enterprise, Lyft doesn't publish detailed financial statements?[88]
Did you know that in January 2017 Lyft announced it facilitated 160 million rides combined in all cities where it operates?[90]
Did you know according to Bloomberg L.P., Lyft lost $600 million in 2016 while increasing its revenue 250% for the year?
Did you know that Lyft has a $1 billion in cash reserves, is predicting profitability in 2018?[88]
Did you know that in January 2017 Lyft announced it facilitated 160 million rides combined in all cities where it operates?[90]
Did you know according to Bloomberg L.P., Lyft lost $600 million in 2016 while increasing its revenue 250% for the year?
Did you know that Lyft has a $1 billion in cash reserves, is predicting profitability in 2018?[88]
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