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Shares of Lyft rose more than 2% after hours. As part of the deal, Lyft and Woven Planet will work together on enhancing automated driving technology safety, according to a release. "Not only will this transaction allow Lyft to focus on advancing our leading Autonomous platform and transportation network, this partnership will help pull in our profitability timeline," Lyft Co-Founder and President John Zimmer said in a statement. The company expects the deal will remove $100 million of annualized non-GAAP operating expenses on a net basis, according to the release. Because of that, Zimmer add...

03/17/2021 Hilton, and Delta Air Lines Partner with Lyft’s Vaccine Access Campaign to Promote Funding Vaccine Rides for Those in Need Lyft, Inc. announced new partners are joining its nationwide campaign to support access to the coronavirus vaccines. Two of Lyft’s largest loyalty programs,  Hilton and  Delta Air Lines, are working with Lyft and, alongside founding partners,  JPMorgan Chase and others, will mobilize their members to provide access to rides to vaccination sites to those in need. With the help of these and other partners, Lyft is offering ind...

Operator Good afternoon and welcome to the Lyft Fourth Quarter 2020 Earnings Conference Call. [Operator Instructions] As a reminder, this conference call is being recorded. I would now like to turn the conference over to Shawn Woodhull, Head of Investor Relations. You may begin. Shawn Woodhull -- Head of Investor Relations Thank you. Good afternoon and welcome to the Lyft earnings call for the quarter ended December 32st, 2020. Joining me today to discuss Lyft's results and key business initiatives are our Co-Founder and CEO, Logan Green; Co-Founder and President, John Zimmer; and Chief Fina...

The e-hail company has teamed up with Chase, Anthem and United Way.

Lyft leads coalition offering 60 million rides to and from COVID-19 vaccination sites By Jordan Smith Dr. Chin-Hong explains how COVID-19 vaccines differ from traditional vaccines. Lyft is not in the business of bringing medicine to customers, but they will be taking customers to receive COVID-19 vaccinations. The ride-hailing company is offering 60 million free or discounted rides to and from coronavirus vaccination sites in uninsured, at-risk and low-income communities. "Making sure people can get to vaccination sites when they need to is mission critical to beating this virus," Lyft Co-Fou...