By FDI Creative Services on 03/19/2019
Category: Security News

Exclusive: Lyft's IPO oversubscribed after two days - sources

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.

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