By: Robert Morgan, Director of Engineering and Sameer Qureshi, Director of Product Management We’re excited to announce that our autonomous vehicles (AVs) are back on the road — and that during the shelter in place we continued to make progress by doubling down on simulation. Simulation is an important part of our testing program, enabling us to… Continue reading Lyft: Continued Momentum Through Simulation
Author: Lyft Official News
Lyft: Fueling Self-Driving Research with Level 5’s Open Prediction Dataset
By Sacha Arnoud, Senior Director of Engineering and Peter Ondruska, Head of AV Research Given how important and complex self-driving is, we at Lyft deeply care about creating an environment where teams can join forces. To accelerate development and hear from diverse perspectives, we’re collaborating with many stakeholders across the self-driving industry. Today, we are reaching… Continue reading Lyft: Fueling Self-Driving Research with Level 5’s Open Prediction Dataset
Lyft: Accelerating Autonomous Driving with Lyft’s Ridesharing Data
By Luca Del Pero, Engineering Manager; Hugo Grimmett, Level 5 Product Manager; and Peter Ondruska, Head of AV Research Dodging a pothole. Slamming on the brakes for an unexpected pedestrian. Deciding when it’s safe to enter a busy intersection. Drivers all over the world face unplanned scenarios daily and often must make split-second decisions to ensure safety.… Continue reading Lyft: Accelerating Autonomous Driving with Lyft’s Ridesharing Data
Lyft: Lyft’s Approach to Autonomous Vehicle Safety
By John Maddox, Head of Autonomous Vehicle Safety Lyft’s mission is to improve people’s lives with the world’s best transportation. To us, that means putting people first and focusing on safety. Today’s transportation system has significant room for improvement. In 2018, 36,560 people died on our nation’s roads, according to the National Highway Traffic Safety Administration,… Continue reading Lyft: Lyft’s Approach to Autonomous Vehicle Safety
Lyft: Lyft Announces Private Offering of $650 million of Convertible Senior Notes and Capped Call to Increase Effective Conversion Premium to 150%
SAN FRANCISCO, May 12, 2020 (GLOBE NEWSWIRE) — Lyft, Inc. (“Lyft”) (NASDAQ: LYFT) today announced its intention to offer, subject to market conditions and other factors, $650 million aggregate principal amount of Convertible Senior Notes due 2025 (the “notes”) in a private offering (the “offering”) to persons reasonably believed to be qualified institutional buyers pursuant… Continue reading Lyft: Lyft Announces Private Offering of $650 million of Convertible Senior Notes and Capped Call to Increase Effective Conversion Premium to 150%
Lyft: Lyft launching personal health certification, will require face masks as part of new Health Safety Program
SAN FRANCISCO, May 07, 2020 (GLOBE NEWSWIRE) — As local governments ease stay-at-home orders, Lyft is ramping up efforts to protect riders and drivers — including establishing new health and safety standards for ridesharing. Today we’re announcing a Health Safety Program with new policies, commitments, and products designed to address the needs of our community… Continue reading Lyft: Lyft launching personal health certification, will require face masks as part of new Health Safety Program
Lyft: Lyft Announces First Quarter Results
First quarter revenue grew to $955.7 million, up 23% year-over-yearEnded quarter with $2.7 billion of unrestricted cash, cash equivalents and short-term investments SAN FRANCISCO, May 06, 2020 (GLOBE NEWSWIRE) — Lyft, Inc. (Nasdaq:LYFT) today announced financial results for its first quarter ended March 31, 2020. First Quarter 2020 Financial Highlights Lyft reported Q1 revenue of… Continue reading Lyft: Lyft Announces First Quarter Results
Lyft: Lyft Announces Date of First Quarter 2020 Results Conference Call and Withdraws Full-Year 2020 Guidance
SAN FRANCISCO, April 21, 2020 (GLOBE NEWSWIRE) — Lyft, Inc. (Nasdaq:LYFT) (the “Company” or “Lyft”), today announced that it will release financial results for its first quarter ended March 31, 2020 after the close of the market on Wednesday, May 6, 2020. On the same day, Lyft will host a conference call at 1:30 p.m.… Continue reading Lyft: Lyft Announces Date of First Quarter 2020 Results Conference Call and Withdraws Full-Year 2020 Guidance
Lyft: Update from our Co-Founders
First, we know no words will do justice to everyone’s individual experience over the last couple weeks. All of us at Lyft feel the weight of our responsibility to the community, particularly right now. Today we wanted to share some of our initial efforts to help. Connecting drivers with additional sources of income While ride… Continue reading Lyft: Update from our Co-Founders
Lyft: A Note for the Lyft Driver Community
Yesterday, federal legislation was signed into law that intends to slow the spread of COVID-19 and provide assistance to millions of working families across the country who are impacted by the coronavirus. We support this new law, which contains emergency measures and funding that directly impacts the Lyft community – our riders, our drivers, our… Continue reading Lyft: A Note for the Lyft Driver Community