SAN FRANCISCO, March 1 (Xinhua) -- U.S. ride-hailing company Lyft on Friday officially filed a registration statement with the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO).
In its IPO prospectus registered with the SEC, Lyft said it earned 2.2 billion U.S. dollars in revenue in 2018, an increase from 1.1 billion dollars in the previous year.
The U.S. second largest ride-sharing company said it booked 8.1 billion dollars in 2018, up 76 percent from 2017, but it incurred 911 million dollars in net loss last year, up 32 percent over the year earlier.
Lyft had 30.7 million riders and 1.9 million drivers, with more than 300 markets in the United States and Canada in 2018, according to the filing with the SEC on Friday.
With 39 percent share on the U.S. market last year, Lyft is expected to be listed on the Nasdaq, and earlier media reports estimated the ride-sharing service provider could be valued at around 20 billion dollars in its IPO.
Investors such as JPMorgan Chase, Credit Suisse and Jefferies will be the primary underwriters for Lyft to go public on the Nasdaq.
