Lyft

LYFT

Market cap $6.06B

UBER's $14.8 billion Delivery Hero deal would expand its platform to 99 markets and nearly double mobility-delivery overlap to 58.

NEW YORK--(BUSINESS WIRE)--Lyft (NASDAQ: LYFT) and Curb, the leading ride-hailing platform for licensed taxis, today announced the expansion of their strategic partnership to New York City, the largest taxi market in the United States. Eligible Lyft riders in New York City can now be matched with a licensed taxi through Curb Flow, Curb's open API that aggregates ride demand into a single network, directly through the Lyft app they already use.The New York City expansion follows launches in Los A.

Lyft, Inc. (LYFT demonstrates sustained revenue growth, improved profitability, and robust liquidity, supporting a buy rating. LYFT's valuation is attractive, trading at only 0.98x sales and a low P/E of 2.22x, offering a 28% margin of safety. Expansion into Europe, AV partnerships, and flexible revenue streams enhance growth prospects and operational leverage.

Most CEOs study spreadsheets. David Risher studies customers.

SAN FRANCISCO--(BUSINESS WIRE)--Lyft, Inc. (Nasdaq: LYFT) is welcoming Senthil Padmanabhan as Chief Technology Officer, joining July 20, 2026, reporting to CEO David Risher. With decades of experience, Senthil is the rare technical leader who operates at every altitude: going deep on the most complex problems, driving company-wide change at a global scale, and bringing the team with him every step of the way. Most recently as VP of Engineering at eBay, where he first earned recognition as a Tec.

DoorDash dominates the local commerce landscape with a robust net income of nearly $935 million and an expanding international presence. Lyft has achieved high profitability through strategic luxury acquisitions and operational efficiency in the ridesharing market.

Lyft (LYFT) closed the most recent trading day at $14.83, moving +1.51% from the previous trading session.

Lyft (LYFT) concluded the recent trading session at $14.08, signifying a -2.22% move from its prior day's close.

Lyft's Flexdrive arm is opening a depot to service Waymo cars in Nashville. About half of the people it has hired for the facility are ex-Lyft drivers.

Lyft has expanded its reach through international acquisitions and a new focus on luxury chauffeuring. Uber Technologies maintains a dominant global platform with substantial free cash flow and a massive user base.