Bringing together luxury service, global reach, and technology expertise to enhance the experience for premium customers worldwide

At Lyft, our purpose is to serve and connect - whether it’s a daily commute, a night out with friends, or high-touch business and luxury travel. That purpose drives us to keep raising the bar on choice, quality, and reliability across our platform. 

Today, Lyft is taking another step forward with the acquisition of TBR Global Chauffeuring (TBR), one of the world's most respected names in luxury chauffeuring, for £83 million, or approximately $110 million*,  in cash plus additional contingent costs. Operating across six continents, 120 countries and over 3,000 cities, TBR has established itself as a leader in the global luxury chauffeur services industry, valued at over $54 billion. For decades, TBR has set the standard for premium ground transportation, delivering precision, discretion and white-glove service for Fortune 500 companies, investment banks, and major global events.

This acquisition creates a powerful combination of Lyft's technology platform with TBR's service excellence. Through a network of independent fleet partners with professional chauffeurs and deep expertise in corporate, executive, and event transportation, we're immediately strengthening our position in the high-value premium chauffeur space.

Just as important, what makes TBR special will not change. TBR will continue to operate under its trusted brand and established leadership team, maintaining the same high standards and world-class experience clients expect. 

Looking ahead, we’re excited by the opportunity to combine Lyft’s global platform and technology expertise with TBR’s bespoke service, while preserving the personal touch that defines the TBR experience. This acquisition reflects our disciplined approach to profitable growth, expanding into luxury where we can create lasting value for customers, employees, and shareholders. Together, Lyft and TBR are creating the next chapter of premium transportation. 

The acquisition will not impact Lyft’s Q3 financial results.

*$110 million is based on the GBP/USD foreign exchange rate on the date of closing.

About TBR Global Chauffeuring

TBR Global Chauffeuring is a leading provider of premium ground transportation services for corporate and executive travel, and major global events, owned by Lyft. Headquartered in Glasgow with offices across Europe, North America, the Middle East, and Asia, TBR and affiliates operate in more than 3,000 cities worldwide. Known for its unrivalled precision, bespoke service, and global reach, TBR serves many of the world’s most prestigious companies and events.

Whether it’s an everyday commute or a journey that changes everything, Lyft is driven by our purpose: to serve and connect. Founded in 2012, Lyft has grown into a global mobility platform offering a mix of rideshare, taxis, private hire vehicles, executive chauffeur services, car sharing, bikes, and scooters across six continents and thousands of cities. Millions of drivers have chosen to earn on billions of rides - helping to create a more connected world, with transportation options for everyone.

Certain statements contained in this announcement are “forward-looking statements” about Lyft within the meaning of the securities laws, including statements about Lyft’s acquisition of TBR, the expected benefits of the transaction, the financial impact of the transaction on Lyft, TBR’s global total addressable market, and plans and expectations for the combined company. Such statements, which are not of historical fact, involve estimates, assumptions, judgments and uncertainties. There are a number of factors that could cause actual results or outcomes to differ materially from those addressed in the forward-looking statements. Such factors are detailed in Lyft’s filings with the Securities and Exchange Commission. Lyft does not undertake an obligation to update its forward-looking statements to reflect future events, except as required by applicable law.