Your next Lyft in Dallas could be a scooter | Technology



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Lyft's company's electric scooters travel to Dallas' streets and sidewalks, the company said Thursday.

The San Francisco-based company is the latest to enter the market for motorcycles and scooters without a dock. He already has scooters in 10 other cities, including Austin and San Antonio. In Dallas, he will debut 350 black and striped purple scooters and expand his fleet, depending on demand, said a spokesman for the company.

The extension of the scooter comes at a time when the company specializing in application-based applications is preparing for its initial public offering. Lyft is about to go public Friday, trading on the Nasdaq under the symbol LYFT. The company set the price of its shares at $ 72 a share on Thursday night, giving Lyft a market value of $ 24 million.

Its IPO will be the largest this year, which proved to be the worst start for IPOs since 2016. The closure of the federal government has delayed the expected activity of 2019, as it has prevented the US agency that reviews IPO projects.

With the deployment of Lyft scooters, he now rivals his rival Uber in another way. Uber owns Jump, a company of electric bicycles and scooters acquired a year ago. Customers can search for a bike or scooter nearby in the application they use to request a trip in Lyft or Uber. Uber is expected to be released later this year.

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