Engine Capital (1pct Investors in LYFT) Nominates Two Candidates to Lyft (LYFT) Board

Engine Capital Nominates Two Highly Qualified and Independent Candidates for Election to Lyft’s Board of Directors at the 2025 Annual Meeting

Intends to File Preliminary Proxy Statement and Provides Overview of the Case for Shareholder-Driven Change at Lyft Following Years of Value Destruction

NEW YORK--(BUSINESS WIRE)-- Engine Capital LP (together with its affiliates, Engine or we), which owns approximately one percent of the outstanding common shares of Lyft, Inc. (NASDAQ: LYFT) (Lyft or the Company), today announced that it is filing a preliminary proxy statement in connection with its nomination of two highly qualified and independent candidates Alan L. Bazaar and Daniel B. Silvers for election to the Companys Board of... More

Lyft Expands in Europe, Diversifies by Acquiring FREENOW

Lyft poised for growth in an attractive market, with FREENOWs premier taxi-first business and local expertise

Together, will operate in 11 countries across Europe, the United States, and Canada

SAN FRANCISCO & HAMBURG, Germany--(BUSINESS WIRE)-- Lyft, Inc. (Nasdaq: LYFT), a leading ride hailing marketplace, today announced it has entered into a definitive agreement to acquire FREENOW, a leading European multi-mobility app with a taxi offering at its core, from BMW Group and Mercedes-Benz Mobility for approximately 175 million or $197 million* in cash. FREENOW will... More

Lyft to Announce First Quarter 2025 Financial Results

SAN FRANCISCO--(BUSINESS WIRE)-- Lyft, Inc. (Nasdaq: LYFT) (the Company or Lyft) will release financial results for the first quarter of 2025 after the close of the market on Thursday, May 8, 2025.

On the same day, Lyft will host a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss these financial results and business highlights. To listen to the live audio webcast, please visit the... More