Lyft Inc (NAS:LYFT)
$ 17.04 -0.04 (-0.23%) Market Cap: 6.88 Bil Enterprise Value: 6.37 Bil PE Ratio: 0 PB Ratio: 13.97 GF Score: 75/100

Woven Planet Holdings Inc to Acquire Lyft Inc's Self-driving Car Division- Conference Call Transcript

Apr 26, 2021 / 09:30PM GMT
Release Date Price: $63.06 (-1.00%)
Operator

Good afternoon. Thank you for standing by, and welcome to Lyft's conference call regarding the sale of its Level 5 self-driving division. (Operator Instructions)

As a reminder, this conference call is being recorded. I'd now like to turn the conference over to Sonya Banerjee, Head of Investor Relations. You may begin.

Sonya Banerjee

Thank you. Welcome to today's conference call regarding Lyft's announced sale of our self-driving division to Woven Planet Holdings, a subsidiary of Toyota.

On the call today, we have our Co-Founder and CEO, Logan Green; Co-Founder and President, John Zimmer; and Chief Financial Officer, Brian Roberts. We'll start with remarks from John and Brian and then host a brief Q&A session. A recording of this conference call will be available on our Investor Relations website at investor.lyft.com shortly after this call has ended.

I'd like to take this opportunity to remind you that during the call, we will be making forward-looking statements. This includes statements relating to the sale of our Level 5 self

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