Lyft Inc (LYFT) Stock Price Prediction

Lyft, Inc. engages in the provision and management of an online social rideshare community platform. The company is headquartered in San Francisco, California and currently employs 3,913 full-time employees. The company went IPO on 2019-03-29. Its Lyft mobile application (the Lyft App) connects riders with drivers for on-demand ride services and supports a variety of other multimodal solutions. The firm is also engaged in licensing and data access agreements, the sale of bikes and bike station software and hardware, advertising services, riders renting through its network of shared bikes and scooters, drivers renting vehicles through Express Drive. Its ridesharing marketplace includes taxis, private hire vehicles, executive chauffeur services and car sharing. Its Express Drive is a car rental program for drivers. Through its Express Drive program, drivers can enter into rental agreements and rental car partners for vehicles that may be used to provide ridesharing services on the Lyft Platform. The company owns Freenow, a multimodal app with taxi offering at its core.