Lyft pulling pink furry mustache and rolling out the new 'glowstache' in San Francisco

The pink mustache is out.

Lyft, a company that allows customers to use a smartphone app to book and pay for rides in a private car, is pulling the pink furry mustache that drivers display on the front of their cars and rolling out the new "glowstache" for the cars.

At the San Francisco headquarters on Monday night, the company, which operates all over the country, will have 300 Lyft drivers replace the old pink mustache with the new "glowstache." And yes, it glows in the dark.

Lyft's co-founder, John Zimmer, will also share statistics about how Lyft has benefited the San Francisco economy and give insight on what's in store for the upcoming year.