Lyft's IPO Submission Offers Turns to the US Carpool – Quartz Audience



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In an IPO prospectus released on Friday, March 1, relocation company Lyft described the 18.6 million active runners who use its recovery services or rent shared bicycles and scooters. The first US application to publish its initial public offering, Lyft provides a quick overview of the carpool public in the United States and Canada, where the company is present.

The typical Lyft runner – including mountain hikes and sharing scooters and bikes – generated revenue for Lyft, and if they were recently active on the service. Last year, Lyft runners and l & # 39; have dropped one.

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We calculated this using attendance statistics on page 19.

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We referred to the revenue statistics per active passenger reported on page 19.

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"For the quarter ended December 31, 2018, approximately 80% of the new active pilots have downloaded our Lyft application in an organic way."

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"In 2018, we served more than 30 million passengers and nearly 2 million drivers, making bookings of $ 8.1 billion and revenues of $ 2.2 billion."

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"In 2018, Lyft users increased their local spending by more than $ 2.5 billion through more accessible transportation."

Runners use Lyft for, among and many, because of Lyft. The company, which acquired Motivate, a shareholder of bicycles and scooters, says its mission is to transform transportation by ending massive car ownership in favor of carpooling and other transportation options.

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"52% use Lyft to get to work"

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"14% of users use Lyft to connect to public transit"

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"35% do not own or rent a personal vehicle"

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"Based on internal data, we estimate that more than 300,000 Lyft cyclists have abandoned their personal cars because of Lyft.In 2018, 46% of our cyclists said that they were using their car less because of Lyft . "

Lyft's. The company follows its users with the help of the phone number they have to provide to sign up for the service. If a runner uses two mobile phone numbers, that user would count as two different active runners.

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"An active runner is identified by a unique phone number If a runner has two mobile phone numbers or changes their phone number and that runner used both phone numbers during the quarter, that person would count as two runners assets. "

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