Lyft's estimated revenue

Dec 11, 2017 6 Comments

Interested to learn approximate quarterly revenue Lyft is making, compared to Uber's $2b from $9.7b booking.

My guess Lyft is doing 1.2-1.5M rides daily. With $10-$12 per ride, likely $15-$18M booking daily with $4.0-$4.5M revenue.

Anyone from Lyft to shed some light (either here or DM) on these estimates and projected revenue Lyft aiming for 2018 before going into IPO.

comments

Want to comment? LOG IN or SIGN UP
TOP 6 Comments
  • Why would anyone from a private company share numbers, that is dumb.
    Dec 11, 2017 2
    • OP
      Didn't expect any firm number (not all insiders even know precise number). Just looking if my estimates are in-line or above or below on the number of rides, booking per ride, and revenue % of the booking.

      Why interested? An executive recently invited to join as a Tech Lead in a ML role at Level5 self-driving wing. My discussion was on the technology front, and bit on self-driving fleet management, but not on core business. Wanted to get some idea on Lyft's current revenue (or projected growth), as I don't have any friend there. While I like the position, led by Luc Vincent (a top recognized researcher in his field), at the end business needs to show potential growth to justify say 3-4x value by 2022.
      Dec 11, 2017
    • Gotcha. There are a few recent articles I believe some with public info. I doubt you’d find anyone providing more than that. You can have more follow ups with the team though.
      Dec 11, 2017
  • Google
    wearing

    Go to company page Google

    wearing
    If I remember correctly there was an article that said Lyft recently passed $1B in ride booking run rate.
    Dec 11, 2017 1
    • OP
      That's in line with my estimation. Earlier in January I saw 500k daily rides report somewhere, which definitely moved by 2.0-2.5x to justify their current valuation ($4.5b in last round VS $11.5b in latest one). $1b run rate indicates on average 0.8-1.0M daily rides throughout 2017.
      Dec 11, 2017
  • Lyft
    UNCj72

    Go to company page Lyft

    UNCj72
    100 B
    Dec 12, 2017 0