Lyft files confidential IPO plans with SEC – CNET
Lyft is getting ready to ride the stock market.
The ride-hailing service on Thursday said it has confidentially submitted a draft registration statement with the US Securities and Exchange Commission for an initial public offering.
The San Francisco-based company didn't immediately respond to a request for more details.
Founded in 2012, Lyft is one of best-known ride-hailing services with more than 1 million drivers in the US and Canada. The company's 375.5 million rides last year were a 130 percent increase over 2016.
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