Exclusive: JPMorgan in talks to lead Lyft's IPO - sources

JPMorgan Chase & Co is in talks about leading Lyft Inc's upcoming initial public offering as an underwriter, after rivals Goldman Sachs Group Inc and Morgan Stanley decided not to pursue such a role out of loyalty to another IPO hopeful, Lyft's larger competitor Uber Technologies Inc, according to people familiar with the matter.

from Reuters: Technology News https://ift.tt/2NKPvCF