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Lyft Set For IPO
An illuminated sign appears in a Lyft ride-hailing car in Los Angeles, California, U.S. REUTERS/Chris Helgren (Reuters) - Ride-hailing company Lyft Inc on Thursday filed with the U.S. Securities and Exchange Commission for an initial public offering, ending months of speculation about the timing of its much-awaited market debut.
The IPO is slated for the first half of 2019, sources have told Reuters.
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Daymond John, an investor on ABC's "Shark Tank," told Cheddar on Monday he's all-in on ride-hailing. And with both Uber and Lyft planning to go public, he's gearing up to invest in Uber, but only once..