Lyft is a professional company focusing on ridesharing, mobile application development, and transportation services. Since its founding in June 2012 by Logan Green and John Zimmer, Lyft has quickly grown to become a prominent player in the U.S. ridesharing industry. The company designs, markets, and operates a mobile app that matches drivers with passengers who request rides, enabling payment through the app and allowing riders to schedule rides up to seven days in advance. Lyft primarily serves college, university, and corporate communities while being available to 95 percent of the U.S. population.
Headquartered in San Francisco, CA, Lyft employs a diverse workforce of 4,369 people and generates an annual revenue of $4.1 billion. The company is known for its high employee retention rate, with staff members typically staying with the company for 5.1 years. While employees at Lyft earn an average salary of $67,087 per year, it is comparatively lower than some of its top competitors like Airbnb, Workday, and Square. Despite this, Lyft continues to be a major force in the ridesharing landscape and remains dedicated to offering convenient and accessible transportation services across the United States.
