Lyft, which has raised some $4.4bn from investors including Alibaba, GM, Tencent, Alphabet, Magna, Rakuten, Jaguar Land Rover and Didi Chuxing, has confidentially filed to go public.
US-based ride hailing service Lyft has confidentially filed for an initial public offering that would represent an exit for a range of corporate investors, it confirmed yesterday.
The company intends to float in the first half of 2019, undisclosed sources told Reuters, though they did not disclose any details concerning a possible size for the IPO, which will be executed once the Securities and Exchange Commission has reviewed the filing.
Financial services firms JPMorgan Chase, Credit Suisse and Jeffries are…
