The Power of Lyft's Network
MARKETPLACE ENGINE
Maximize revenue
Our marketplace improves over time and creates a virtuous cycle: We deploy vehicles at maximum efficiency, meaning better
service for riders and the highest revenue per mile.
ETAS
Accurate ETAs power smarter decisions across
the marketplace - from dispatch to routing to
pricing (35% improvement in ETA accuracy)
Pricing
Dynamic pricing incorporates real-time price
elasticity, which can increase total ride volume by
more than 25% in long-term experiments
Marketplace
Engine
Dispatch
Efficient dispatch and matching optimizes millions
of data points to pair the best vehicle and rider
(50% increase in utilization in a major market)
Routing
Our proprietary routing engine leads to better
matches for shared rides, which have helped to
deliver nearly a 35% increase in our match rate
All data are for the 3 years ending Jan 2020 except for pricing, which is based on experiments in 30 markets over 10 weeks ending Feb 2019.View entire presentation