U.S. Markets open in 4 hrs 43 mins

Lyft Business on track to reach a $1 billion run rate by year end

Lyft has doubled its valuation in a little more than a year. Once the also-ran in ride-hailing, it is now worth over $15 billion after a recent $600 million funding round. One segment of the business that is really booming: its business unit which delivers ride solutions for other companies. We recently spoke with David Baga, Chief Business Officer at Lyft about his division.