Lyft CEO: Self-Driving Cars Will Expand the Marketplace

Growth & Profitability - Lyft achieved its ninth consecutive quarter of double-digit growth [2] - Customer obsession is driving profitable growth for Lyft [1] - Lyft is experiencing record rides and double-digit growth, indicating strong consumer resilience in the US [14] Partnerships & Innovation - Lyft's growth is fueled by innovations like Lyft Silver and partnerships like the DoorDash partnership [2] - A new partnership with United Airlines is contributing to faster growth [3] - Lyft has a partnership with Motional, launching self-driving car service in Atlanta this summer [5] - Lyft has signed an agreement with Baidu to expand self-driving car operations into Europe [6] Autonomous Driving - Self-driving cars are expected to expand the marketplace for Lyft, with cities operating self-driving cars showing 5x the growth of others [4] - Lyft views self-driving cars as an opportunity rather than future competition [3][4] International Expansion - Lyft acquired Free Now, a taxi-focused aggregator in Europe, to establish a footprint across the continent [8] - Lyft plans to expand into Germany and the UK in 2026, pending regulatory approvals [7] - The acquisition of Free Now closed last week, and integration is beginning [11][12]