Exclusive: Lyft’s IPO already oversubscribed – sources

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Exclusive: Lyft’s IPO oversubscribed after two days – sources
March 19, 2019
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Lyft Inc’s initial public offering (IPO) is oversubscribed based on commitments made so far by investors, making it more likely that the ride-hailing startup will fetch or even exceed the $23 billion valuation it is seeking, people familiar with the matter said on Tuesday.