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Lyft Asks Banks for Pitches to Underwrite 2019 IPO [Bloomberg]

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295 Rider Driver Driver Guru
 Posted 6 months, 1 week ago

"Lyft Inc., the second-largest U.S. ride-hailing company, has asked banks to submit formal pitches to underwrite an initial public offering next year, people familiar with the matter said.

'Lyft was valued at $15.1 billion in a private funding round announced in June. The company raised $600 million in a round led by Fidelity Management & Research Co."

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