Category : science

by Heidi Harley - 5 years ago

Lyft Touts Growth for IPO as Losses Near $1 Billion

Lyft’s revenue is exploding, but so is its net loss. Like many IPO candidates the San Francisco-based company has never turned a profit. Under the potential risk factors listed in its filing with the Securities and Exchanges Commission, Lyft warns...

by Heidi Harley - 5 years ago

Lyft Touts Revenue, Values in Pitch to Investors

Lyft is seeking to raise as much as $2.1 billion in an initial public offering valuing the ride-hailing company at about $20 billion. Lyft’s executives, in the video seen by Bloomberg, tout their San Francisco-based company as a founder-driven start...