Lyft presentation
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Lyft is a ridesharing company that launched in San Francisco in 2012 and has since expanded to 24 cities, providing over 30,000 rides per week. It has received $83 million in funding and takes a 20% commission per ride. While facing regulatory challenges from the California Public Utilities Commission, Lyft has strong customer loyalty and a thriving community of drivers, positioning it for continued growth as it expands into new markets despite competition from other ridesharing companies.
Lyft presentation
- 3. Some Numbers • 83 Million in Funding • Takes 20% per ride • Over 30,000 rides/week • 24 cities
- 4. History • 2012 - Launched from Zimride in SF • May 2013 - Launches in Boston • Summer 2013 - Surpassed 1 million rides
- 5. Breaking News • California Public Utilities Commission • Peer-to-Peer Rideshare Insurance Coalition.
- 6. Why Lyft?
- 8. Competition
- 9. Will Lyft Fall? • Strong customer relations • Thriving community • Rapidly expanding to new cities
- 10. Questions