(Reuters) -Lyft Inc forecast fourth-quarter bookings above Wall Street estimates on Wednesday, signaling steady demand for its ride-hailing services heading into the busy holiday travel season.

The company has benefited from its recent push into international markets and underserved regions in the U.S. amid saturating demand in large metropolitan areas. It has focused on positioning its European operations, Freenow, as a premium service, complementing its mass-market presence in North America.

“Our strategic acquisition of Freenow is expected to bring more than six million annual riders to our platform in 2026,” the company said.

The upmarket strategy is also gaining traction at home, with high-margin premium rides growing 50% in the quarter and the launch of its Lyft Business Travel pr

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