Fidelity Investments and its affiliates own one of the largest stakes in Lyft Inc., according to a new securities filing, positioning the asset manager for a major windfall in an initial public offering that could value Lyft at $20 billion or more.
Lyft published its registration statement Friday ahead of what is expected to be one of the largest technology IPOs ever. The fast-growing ride-hailing app brought in $2.2 billion in revenue last year, double its 2017 total, the filing showed, though…
