Lyft, Inc. Class A Common Stock, also called Lyft, is a transportation network company primarily providing ride-hailing services and based in San Francisco, California. Read More It develops, markets, and operates the Lyft car transportation mobile app. Launched in June 2012, Lyft operates in approximately 300 U.S. cities, including New York, San Francisco, and Los Angeles and provides over 1 million rides per day. The company was valued at US$15.1 billion as of June 2018 and has raised a total of US$5.1 billion in funding. Lyft expanded into Canada (specifically serving Greater Toronto, Hamilton and Ottawa) in December 2017 as a competitor to the already established Uber.