Taxi service Lyft is working on an IPO in the US

The American taxi service Lyft, previously known from the pink mustaches on the cars, wants to go to the fair. Uber's competitor filed a request on Thursday with the SEC, the regulator of the SEC financial market.


The American taxi service Lyft, previously known from the pink mustaches on the cars, wants to go to the fair. Uber's competitor filed a request on Thursday with the SEC, the regulator of the SEC financial market.

In the first half of 2019 Lyft wants to make shares publicly tradable. It is not yet known how many shares are involved and how much money the company wants to collect.

Investors valued Lyft in the last investment round at 15 billion dollars (about 13.2 billion euros). The taxi service trumps competitor and market leader Uber with the potential IPO.

Besides the taxi services, the company also offers partial bikes. Lyft is currently only active in the United States and Canada.

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REF: https://www.nu.nl/ondernemen/5614634/taxidienst-lyft-werkt-beursgang-in-vs.html

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