On Thursday we learned Lyft filed papers for an initial public offering set to take place in 2019, and Friday evening some « people familiar with its plans » said…
On Thursday we learned Lyft filed papers for an initial public offering set to take place in 2019, and Friday evening some « people familiar with its plans » said the same to the Wall Street Journal about ride-hailing rival Uber. According to the New York Times, Uber also filed its paperwork with the SEC on Thursday, setting the stage for both companies to compete over who can get their shares on the market first.