According to Lyft its revenue per Active Rider was $36.04 in the fourth quarter of 2018. Its lowest revenue per Active Rider was $14.11 in the second quarter of 2016. The company noted that the significant growth rate was driven by its community’s awareness to its brand and values.
Riders view Lyft as a friendlier company than Uber, which suffered a series of scandals including allegations of data breach cover-up and sexual harassment over the past several years.
Its drivers provided a total of $178.4 million rides in the fourth quarter of 2018, up from $29 million in the first quarter of 2016.
“The number of Rides represents the level of usage of our platform. We expect the number of Rides to continue increasing as the number of Active Riders increases,” according to the company.
