Zimride re-incorporated as Lyft, Inc. in May, 2012. (Zimride founded in 2007 and later changed name to Lyft, Inc.). Some Assets of Zimride was sold to Enterprise Holdings (St. Louis) on July 10, 2013. Lyft is a peer-to-peer transportation platform that connects passengers who need rides with drivers willing to provide rides using their own personal vehicles. Lyft was started in 2012 with the mission of building a peer-to-peer transportation solution that would help make cities safer, more affordable and better connected. Lyft now operates in 68 cities across the U.S. When using Lyft, passengers have three options when it comes to choosing their ride: Lyft: the original offering that matches a passenger (and their friends) with a driver nearby; Lyft Line (currently available in San Francisco and Los Angeles): shared rides along shared routes, priced for daily use. Once passengers set their destination, Lyft will connect them to a ride already going the same way; and Lyft Plus: Lyft's six-passenger ride for when passengers need more space, or want to roll with more of their friends.
*Based on Preferred Stock Price, Lyft does not have a stock symbol since it is currently private and is yet to have an IPO.
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