US transportation company Lyft has formalized its initial public offering (IPO) to be able to go public on the Nasdaq index in the United States. The request was long overdue and came in anticipation of Uber, a Lyft competitor that offers similar services to book chauffeured cars. We now know from the filings presented that Lyft generated $ 2.2 billion in revenue and handled more than a billion rides in 2018. Lyft is not profitable yet, and last year posted losses of $ 911.3 million. dollars. Investors and analysts are looking with interest at the IPOs of these companies, which have waited a long time before starting the procedures to go public and which could be worth several tens of billions of dollars once listed.
