Lyft IPO priced at $72 per share, values company at $24B

Lyft car with trademark pink mustache (via Wikimedia) Ride-hailing company Lyft announced late on Thursday that it has priced its initial public offering at $72 per share, valuing the company at close to $24 billion. Shares are expected to be listed on the Nasdaq on Friday under the ticker symbol LYFT, and the offering is expected to close on April 2. The IPO is for 32,500,000 shares of Class A...

Comments

Post a Comment

Popular posts from this blog

BTCC 2018: Neal wins Diamond Double at Snetterton

Image
Neal clinched victory in the extended Diamond Double race Jack Goff stars in qualifying and race one, while veteran Neal clinches glory in double-length finale Triple British Touring Car champion Matt Neal clinched victory in the special extended Diamond Double race at Snetterton, held to mark the 60th anniversary of the series in his Honda Civic Type R . Rising stars Jack Goff and Ashley Sutton also took race wins at the Norfolk track. Instead of the usual reverse-grid finale, the third race at Snetterton was extended from 12 laps to 20, with double championship points on offer and no success ballast. The race also featured its own separate qualifying session. Picture special: 60 years of the BTCC That was good news for Eurotech driver Goff, who went fastest in both qualifying sessions to claim two pole positions in his Civic Type R. He made the first one count, pulling out a big lead in treacherous wet conditions.  The young guns of the BTCC Behind Goff, reigning champion
Read more

Top 10 Autocar galleries of 2017

Image
Autocar's vast selection of galleries celebrate everything from the most beautiful cars of all time to the cars that have been forgotten. We run down Autocar readers' favourite car-themed galleries from the year Everyone loves a gallery of shiny images to scroll through, and Autocar readers are no different.  This year, we've published more galleries than ever for our lovely audience, covering everything from the weird and wonderful to the world's most beautiful cars . Take a look at our wider selection here , and scroll down for the top 10 of the year.  Autocar’s ten most popular galleries of 2017  10. In pictures: the greatest Toyotas ever made Exactly what it says on the tin. Toyota  is one of the world’s largest car makers, but aside from landmark cars like the Supra and 2000GT , it's easy to forget many cars in the brand’s history. We take you through Toyota’s greatest hits, from its first smashes to its latest greats.  9. Ranked: the fastest cars
Read more