Lyft and Uber Technologies could leave other initial public offerings idling rob_cyran
Lyft released its prospectus for an initial public offering on March 1. Insiders hope the listing will value the firm at between $20 billion and $25 billion, Reuters reported. The most recent funding round valued the firm at $15 billion.
Rival Uber Technologies, which is worth some $76 billion, is also likely to go public this year. Proposals by bankers said the company could be valued at up to $120 billion, according to an October article in the Wall Street Journal.
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