An initial public offering by Lyft​, the second largest United States ride services firm, could benefit a broad and diverse group of investors, from Chinese tech giants Alibaba​ and Tencent​ to a member of the Saudi royal family.
Lyft​ is close to hiring an initial public offering (IPO) advisory firm, in the first concrete step by the company to become publicly listed, according to people familiar with the matter.
US automaker General Motors is one likely beneficiary.
Since it was founded as Zimride​ in 2007, Lyft has raised more than US$2.6 billion (NZ$3.5 billion) from more than 40 venture and corporate investors, the most prominent being Detroit-based GM, which acquired a 9 per cent stake in early 2016 for US$500 million.
from Eve’s Feed http://www.stuff.co.nz/technology/97372378/Lyft-IPO-would-benefit-diverse-group-of-international-investors
from
https://evewilki1971.wordpress.com/2017/09/28/lyft-ipo-would-benefit-diverse-group-of-international-investors/
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