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24 Lyft estimated $ 300 billion in the first transport platform IPO



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24 Lyft estimated $ 300 billion in the first transport platform IPO

Lyft Inc has reached values ​​of 24,300 million in the first initial public offering (IPO) on the platform together travel, cash last Thursday, March 28 exceeded expectations as investors have imported them a little bit of uncertainty road will continue to take profits.

Lyft IPO sets the stage for the debut on the stock market Uber Technologies Inc. competitor, which, according to a Reuters report, will be in April. Investment bankers said that the leader of the sector can be estimated at up to 120,000 million dollars.

LYFT the IPO's success shows that many investors are willing to ignore the uncertain path of the company to profitability and strategies of autonomous control, because they are afraid not to participate in the strong growth LYFT revenue.

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