Futu News reported on March 26 that Lyft raised its IPO pricing above the $62-68 target range; the companyThe listing location is NASDAQ, the stock code is “LYFT”, and it is expected to be listed on March 29.

According to the prospectus, Lyft lost 991 million US dollars last year and revenue was 2.2 billion US dollars.

However,Lyft executives have told hundreds of investors that the company's EBITDA (profit before tax, interest, depreciation and amortization) profit margin will eventually reach 20%, but they have not given a specific timeline.Furthermore, Lyft also expects the company's long-term gross margin to reach 70%, but again, no clear timeline has been provided.