Thursday, December 6, 2018

Lyft Files Confidential IPO Plans

San Francisco-based Lyft has filed confidential drafts for an initial public offering (IPO) with the SEC, the company said on Thursday, as it looks to head to the public markets. Details on the IPO size and other details have not yet been released. Lyft, which provides on-demand ride hailing services, said it expects the IPO offering to commence after the SEC completes it review process.