Ride-hailing startup Lyft confidentially files for US IPO

US-based ride-hailing startup Lyft on Thursday confidentially filed a statement with the US Securities and Exchange Commission for an initial public offering. Lyft was last valued at $15.1 billion and did not specify the number of shares it would be selling or the offering’s price range. The IPO is reportedly slated to take place in the first half of 2019.

This short was originally published on Inshorts, based on an article in Reuters.

Leave a Reply

Your email address will not be published. Required fields are marked *