Lyft hires JP Morgan to lead IPO at $15 billion valuation

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A driver with placards for both Lyft and Uber waits for a traffic light outside South Station in Boston after picking up a passenger.

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Lyft has hired J.P. Morgan Chase to lead its initial public offering, kicking off an IPO that’s scheduled for early 2019, according to a person familiar with the matter.

The second-largest U.S. ride-sharing company’s valuation…

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