Lyft Set to Detail Plans for $2 Billion IPO as Soon as Monday

Lyft Inc. is set to detail its plans to raise as much as $2 billion in an initial public offering as soon as Monday, according to people familiar with the matter.

The No. 2 U.S. ride-hailing company could spell out the price range and number of shares it plans to market in an updated regulatory filing, said the people, who asked not to be identified as the details aren’t public. It would then be able to start marketing the stock on a roadshow, which usually sees management travel to several cities including San Francisco and New York to pitch to potential public market investors.