Lyft CEO says ridership has doubled and that it’s not for sale

By October 27, 2016Uncategorized
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SAN FRANCISCO — San Francisco-based Lyft is not for sale and has seen its ridership double, the company’s CEO said, and had only hired deal lawyers because it was getting offers from outside suitors.

John Zimmer made the comments during an appearance at the WSJDLive 2016 global technology conference. He said Lyft had 17 million riders this month, a huge surge from the 7 million it had in December, and a sign the ride-hailing company is a healthy, standalone venture. Zimmer predicted Lyft will…