Lyft sets itself up to be one of first large tech flotations of 2019
US ride-hailing firm files plans with regulator as it races rival Uber for funding
US company Lyft has filed plans with the regulator 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, in a move which sets it up to be one of the first large tech flotations of 2019.
Source: Guardian Transport