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Lyft says it will raise $ 2 billion in IPO – Axios



Monday's riding company Lyft revealed that it hopes to raise over $ 2 billion in its listing, with an initial market value of $ 19 billion. The company will offer 30.77 million shares between $ 62 and $ 68 per share, with its so-called IPO road show today.

Bottom Line: The top-level marketplace is higher than Lyft's $ 15 billion valuation when it last increased private funding in the summer of 2018, but the low-price market price would actually be slightly lower. In both cases, however, the full valuation will be significantly higher, in the range of $ 23 billion to $ 25.3 billion.


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