Lyft expects to raise as much as $2 billion in IPO

Lyft expects to raise as much as $2 billion in IPO

Lyft on Monday kicked off the investor road show for its IPO. San Francisco-based Lyft aims to raise up to $2 billion in its IPO at a valuation of as much as $23 billion. Lyft’s revenue was $2.16 billion for 2018, double the previous year. It posted a loss of $911 million in 2018 versus $688 million in 2017.

Timothy
Timothy
Top in Business
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