Lyft is reportedly racing to beat Uber to the public markets, targeting an initial public offering for next spring.

The ride-hailing app has hired IPO adviser Class V Group to work with management through the process and plans to begin accepting pitches from banks as soon as next month, according to Bloomberg.

Lyft is angling to launch an IPO in March or April, sources familiar with the matter said.

[Read More]

LEAVE A REPLY

Please enter your comment!
Please enter your name here