March 18, 2019 / 10:27 AM / 3 months ago

Lyft expects to raise as much as $2 bln in IPO

March 18 (Reuters) - Ride-hailing platform Lyft Inc said on Monday it would raise as much as $2 billion in initial public offering.

Lyft expects to price 30.8 million shares between $62 and $68 per share, it said in a filing bit.ly/2HBtkKE.

At the higher end of the range, the company will have a market valuation of $19.64 billion. (Reporting by Diptendu Lahiri in Bengaluru; Editing by James Emmanuel)

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