Financial PerformanceLyft reported a record 24.4m active riders, a 31.5% revenue growth to USD1.5bn, and a +15.6% y/y increase in Gross Bookings to USD4.1bn.
Investor InterestActivist investor Engine Capital's interest in Lyft reflects its unique position and value in the autonomous vehicle and rideshare ecosystem.
User Base GrowthLyft maintains a healthy base of 25 million users, growing by 10%, and has unique value in the rideshare ecosystem.