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Home https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Business https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Lyft's report is planning to start with Nasdaq next month – TechCrunch

Lyft's report is planning to start with Nasdaq next month – TechCrunch



Plans to file an initial public offering in March, possibly beating the Uber rival on the milestone.

Two reports, one from Reuters, the other from WSJ, indicate Lyft's plans to list Nasdaq shares next month. The WSJ, citing unspecified sources, reports that Lyft may make public filing early next week. Reuters also said that the company's boarding plan was launching its roadshow for its IPO on March 18th.

Lyft LaManna spokeswoman said the company dropped a comment.

have moved into their IPOs for the month now. Lyft filed in December a draft registration statement in the U.S. Securities and Exchange Commission for its lPO.

Lyft does not say the number of shares it expects to offer or the price range in its SEC filing confidentiality. Lyft said the time it expects to make the initial public release after the SEC has completed its review process.

The latest amount of Lyft is over $ 1

5 billion, while Uber's participants are valued at the north of $ 100 billion. Uber, of course, is also expected to go public in 2019.

Selection Lyft last year JPMorgan Chase & Co was ranked first under the guard of his first public offering, including Credit Suisse Group and Jefferies Group. ] Lyft is aggressively expanding into new US cities, as well as in Canada, and pursues ambitions of its autonomous vehicles. Lyft increased its market share in the U.S. to 35 percent. In January 2017, Lyft had only 22 percent market share in the United States.

Lyft raises $ 2.9 billion in major capital since April 2017. In total, Lyft has earned $ 5.1 billion since it came from.

is a developing story.


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