Lyft readies to go public with confidential filing

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Lyft Inc. is going public, beating its bigger ride-hailing rival Uber Technologies Inc. to the punch of filing critical paperwork on the road to an initial public offering. The San Francisco-based company said in a statement Thursday that it had confidentially filed a draft registration statement with the Securities and Exchange Commission, keeping it on track for the highly anticipated IPO of its common stock next year. Lyft is part of a dozen or so Bay Area companies readying to go public next...

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