Lyft IPO Values Company at $24.3B


With Lyft going public, all eyes turn to Uber, which is expected to have its IPO on April. - Photo via Lyft.

With Lyft going public, all eyes turn to Uber, which is expected to have its IPO on April.

Photo via Lyft.

Lyft became the first ride-hailing startup to go public, with its Thursday initial public offering valuing the company at $24.3 billion, Reuters reports

Lyft's stock began trading on the Nasdaq today under the ticker "LYFT." Stock prices are between $70-$72 a share.

With Lyft going public, all eyes turn to Uber, which is expected to have its IPO on April.