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Lyft is a privately held American transportation network company (TNC) based in San Francisco.
Thirty minutes after Lyft emailed drivers inviting them to the press event in San Francisco, Uber also emailed its local drivers with an invite for the exact same time. It asked them to bring a friend to an Uber office to sign up as a driver in exchange for $300 and lunch. Many drivers work for both Lyft and Uber. Lyft offers perks like optional tips, which it says have topped $40 million this year. Uber has its own bonuses, including gas rebates and offering new drivers $500 for 25 rides.