Founded in 2012, Lyft is a leading American on-demand transportation company. Operating as a peer-to-peer marketplace for ridesharing, it covers over 300 US cities, including New York and Los Angeles. Headquartered in San Francisco, California, Lyft company provides over 1 million rides on a daily basis. In 2017, Lyft expanded to Canada and became a major Uber competitor. At the end of 2018, Lyft was ranked second among the ride-hailing companies in the United States, occupying one-third of the market. The official Lyft IPO date is set for 28 March 2019. For its Wall Street debut, the company is set to list over 31 million shares priced at around $65 each. Lyft share price will be traded on the NASDAQ.
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