Author Topic: Lyft works on IPO, aims to go public before Uber: report  (Read 101 times)

YELLO

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Lyft works on IPO, aims to go public before Uber: report
« on: August 31, 2018, 09:10:19 AM »
Lyft has hired IPO adviser Class V Group LLC to work closely with management as they embark on the process, said people familiar with the discussions who asked not to be identified because the matter is private. The company plans to begin taking pitches from banks as soon as September, targeting March or April for the listing, the people said.

https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.bloomberg.com/amp/news/articles/2018-08-31/lyft-is-said-to-hire-adviser-to-prepare-for-targeted-2019-ipo&ved=2ahUKEwj5vJeOrpfdAhVCnuAKHYBBAcAQFjADegQIABAB&usg=AOvVaw3Xolgng88cPa4JI8ncWrW5&ampcf=1

YELLO

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Re: Lyft works on IPO, aims to go public before Uber: report
« Reply #1 on: September 05, 2018, 03:26:34 PM »
Uber 'on track' for IPO in 2019, no plans to sell tech unit: CEO
Khosrowshahi, who has led the company for a year, said he was not concerned if rival ride-hailing firm Lyft went public first because he expected enough demand for both companies.

"Historically, there has been plenty of funding for Uber, for Lyft, etc. and we don't think that's going to change," he said. "This is an enormous market we are going after."

https://www.google.com/url?sa=t&source=web&rct=j&url=https://mobile.reuters.com/article/amp/idUSKCN1LL2MN&ved=2ahUKEwjZrp6cy6TdAhWEdt8KHeVoAeUQiJQBMAB6BAgJEAQ&usg=AOvVaw32mBY-Zgf6pvoowSLJMPU9&ampcf=1