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Lyft could file as soon as next week for an initial public offering and plans to target a valuation of $20 billion to $25 billion, a person familiar with the matter said.

The two competing ride-hailing apps Lyft and Uber both filed paperwork before the end of 2018 to go public in 2019. Now it looks like Lyft's initial public (IPO) offering will beat out Uber's. CNBC reported Wednesday that Lyft's IPO will launch around March 18, while Uber's will need a few more weeks to prepare. SEE ALSO: Lyft beats rival Uber in race to file for IPO Uber dwarfs Lyft in most ways — it's valued at around $90 billion, while CNBC said Lyft's latest valuation is around $20 million....

As ride-hailing competitors Uber and Lyft race toward their impending IPOs, Lyft cofounder John Zimmer isn't holding back about the competition.

French car-booking start-up Chauffeur Privé will expand to London under a new name in a bid to take on Uber.

Going public first could keep Lyft from being overshadowed by the much-bigger Uber.

Your chances of riding in an electric vehicle just went up: Lyft users will soon be able to request a zero-emission or hybrid vehicle directly from the home screen of the app. SEE ALSO: Lyft offsets carbon emissions, but still relies on gas-guzzling cars Starting in Seattle soon, Lyft is adding "Green Mode" to the ride-hailing app. This is a new feature to encourage emission-free ride-hailing. Using the new setting, passengers can request an electric vehicle through the app and get matched with...

Lyft Inc will pitch investors on its fast growth in the United States as it seeks to beat out Uber Technologies Inc to become the first publicly listed ride-hailing company, according to people familiar with the matter.