California-based on-demand transport firm, Lyft, which controls 39 percent of the ride-hailing market in North America, is set to launch its much awaited IPO as early as April. It will go public at the NASDAQ Composite under the “LYFT” ticket symbol.
Rival Uber, the world’s largest ride-hailing firm, is expected to do so later this year,
Lyft got its IPO party rolling over the weekend by filing its Form S-1 with the U.S. Securities and Exchange Commission (SEC). The filing also made public Lyft’s hitherto undisclosed operating results.