In what year did Lyft go public on the Nasdaq?

Lyft went public on the Nasdaq in 2019.

Lyft’s initial public offering was launched in March 2019, and its Class A common stock began trading on the Nasdaq Global Select Market on March 29 under the ticker symbol LYFT. The company priced the offering at $72 per share and completed the IPO in early April. That made Lyft the first of the two major U.S. ride-hailing rivals to enter the public markets; Uber followed several weeks later on the NYSE.

A common mix-up is treating the filing date, first trading date and completion date as separate IPO years. Lyft filed its registration materials in 2019, began trading in 2019 and completed the offering in 2019, so the answer is consistently 2019.

Lyft grew from a peer-to-peer car-sharing concept associated with Zimride into a major ride-hailing platform. Its public-market debut attracted intense attention because investors were evaluating whether app-based transportation companies could grow quickly while eventually becoming profitable. Lyft later expanded into bikes, scooters, rentals and other transportation services.