Car-hailing app Lyft files IPO documents in a bid to take on Uber

The Telegraph -

The Telegraph—Ride-hailing company Lyft on Thursday filed with the U.

Ride-hailing firm Lyft files for IPO, beating rival Uber. Ride-hailing company Lyft beat bigger rival Uber in filing for an initial public offering that will test investor appetite for high-profile but loss-making technology companies. The company, which was last valued at about $15 billion, did not specify the number of shares it was selling or the price range for the offering in a confidential...