AP19023565249718 768x512 - Lyft's $23 billion IPO is already oversubscribed.
Apps Travel

Lyft’s $23 billion IPO is already oversubscribed.

Posted on Author Emmanuel Comment(0)

So reports coming in says that lyft’s IPO is “oversubscribed” considering the commitments made by investors so far, and the company have also been reported to even exceed the $23 billion valuation it is seeking.

2019 03 19t205441z 2 lynxnpef2i1ot rtroptp 3 lyft ipo original2038477161 - Lyft's $23 billion IPO is already oversubscribed.

Recall that the company on monday began it IPO journey and have spent the last two days meeting with investors in New York. It has set an indicative IPO price range of $62 to $68 per share and is set to price the IPO on March 28.

Advertisement
The exact level of oversubscription could not be learned. The sources cautioned that the IPO price is still uncertain and asked not to be identified because the matter is confidential.

still on the topic:

Lyft on the other hand have refused to comment on it.

Advertisement
[Total: 0   Average: 0/5]
Emmanuel
Hello there I'm a tech-inclined geek, and I've always been a huge fan when it comes to anything tech, so I decided to share my knowledge with the online community and also share some of the latest buzzing news in the tech biosphere. i am dedicated to providing you guys with the best news updates. email: [email protected]
http://www.techcopp.com

Related Articles

download 5 1 - Google paid $105 million to two executives accused of sexual harassment.
Apps

Google paid $105 million to two executives accused of sexual harassment.

Posted on Author Emmanuel

These top Google executives were given $105 million to flee the company
Apps Smartphones

Blue light from phones and tablets can speed up blindness, study finds.

Posted on Author Emmanuel

Do you know that looking at your phone too much at night could make you go blind

xhow to play classic snake game on google maps on your phone 1554099560.jpg.pagespeed.ic .VMm9x1Iayd - Google adds Snake game to Maps apps for April Fool's Day gag.
Apps Gaming Smartphones

Google adds Snake game to Maps apps for April Fool’s Day gag.

Posted on Author Emmanuel

So i guess you all remember that very popular snake game Nokia 6110, well Google just reintroduced it in it Google maps for april fool’s day. You can play the game on your Android or IOS device in the Google maps apps. To access the game all you have to do is touch the left […]

Don't forget to leave a Reply