Exclusive: Lyft’s IPO oversubscribed after two days – sources

Exclusive: Lyft’s IPO already oversubscribed – sources
March 19, 2019
U.S. lawmaker says tech companies must quickly remove violent content after New Zealand
March 19, 2019
This post was originally published on this site

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.