LYFT FILES DOCUMENTS IN PLANS TO GO PUBLIC
Ride-hailing app Lyft has filed paperwork with U.S. regulators setting in motion its plans to go public. Lyft said Thursday that it had filed a confidential draft document with the Securities and Exchange Commission related to its proposed initial public offering. The registration statement is the first step toward becoming a publicly traded company. The company in June pegged its value at $15.1 billion.