Lyft is working on an IPO

Lyft is working on an IPO

Tech September 3, 2018 05:48

san francisco - Lyft, a major competitor of Uber, wants to go to the stock market. The company is trying to sell its shares first, so for Uber. In March or April next year, it must be so far, say sources around the plans against Bloomberg news agency. Uber wants to go to the stock exchange in the second half of 2019.

The planning is not yet definitive, they emphasize. Rather than Uber has advantages and disadvantages. Lyft may attract more attention than Uber and attract more investors, but investors may also decide to wait for Uber's IPO.

The value of Lyft is estimated at 15 billion dollars, converted 13 billion euros. Uber would be worth five times as much.

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