Lyft gains as CEO says San Francisco share losses could be overblown [Yahoo! Finance]
Lyft, Inc. - Class A (LYFT)
Last lyft, inc. - class a earnings: 2/11 04:05 pm
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Source: Yahoo! Finance
Investing.com -- Lyft (NASDAQ:LYFT) CEO David Risher said that concerns over the company's market share losses in San Francisco may be overblown. “SF is a growing market for rideshare. Even with Waymo on the road, our market share remains strong,” Risher said in a post on X over the weekend. “In the SF Waymo ODD (operational design domain), @Lyft market share was 30.6% in Nov 2024 vs. 30.7% in Nov 2023, according to our validated external data source,” he added. According to Bank of America analysts, Risher's comments suggest that Lyft's market share in San Francisco has remained largely unchanged year-over-year, despite Waymo's rapid expansion. Lyft management spoke at a conference last week, highlighting steady growth in the SF market and adding that “we are in all of the right conversations” and “you can expect more from us” in terms of partnerships. These collaborations aim to leverage traditional rideshare networks for technology and operational support, which autonomo
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LYFT
Earnings
- 11/6/24 - Miss
LYFT
Sec Filings
- 12/4/24 - Form 4
- 12/4/24 - Form SC
- 12/2/24 - Form 4
- LYFT's page on the SEC website