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Lyft, Inc. develops, markets, and operates a mobile app, offering vehicles for hire, motorized scooters, a bicycle-sharing system, rental cars, and food delivery. The company is based in San Francisco, California and operates in 644 cities in the United States and 12 cities in Canada. Lyft does not own any vehicles; instead, it receives a commission from each booking. Fares are quoted to the customer in advance but vary using a dynamic pricing model based on the local supply and demand at the time of the booking.
With a 32% market share, Lyft is the second-largest ridesharing company in the United States after Uber.