Article 44F0Y Lyft sets itself up to be one of first large tech flotations of 2019

Lyft sets itself up to be one of first large tech flotations of 2019

by
Jasper Jolly
from Technology | The Guardian on (#44F0Y)

US ride-hailing firm files plans with regulator as it races rival Uber for funding

US company Lyft has filed plans with the regulator in Washington for a flotation as it races for funding against Uber, the rival ride-hailing company.

In a statement on Thursday, Lyft announced it had submitted a draft registration statement with the US Securities and Exchange Commission (SEC), in a move which sets it up to be one of the first large tech flotations of 2019.

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