Lyft will implement several safety and governance reforms to settle a shareholder lawsuit regarding drivers sexually and physically assaulting passengers.
Read More Lyft officials settle lawsuit over sexual assaults by driversTag: initial public offering
Reddit shares soar 38% in market debut
Reddit’s shares jumped in their debut, signaling that investor appetite for IPOs of promising yet loss-making companies could be returning.
Read More Reddit shares soar 38% in market debutReddit targets up to $6.4 billion valuation in much-awaited US IPO
Reddit is aiming for a valuation of up to $6.4 billion in its U.S. initial public offering.
Read More Reddit targets up to $6.4 billion valuation in much-awaited US IPO