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Technology Stocks
Uber Technologies and Lyft Inc. IPOs
An SI Board Since March 2019
Posts SubjectMarks Bans Symbol
245 24 0 UBER
Emcee:  Glenn Petersen Type:  Moderated
Lyft Inc. filed its initial S-1 registration statement with the SEC on March 1, 2019. It previously filed a confidential statement on December 6, 2018. While the IPO has not yet been priced, the Wall Street Journal has reported that the company expects to be priced in the $20 to $25 billion range. The road show is expected to start during the week of March 18 and the IPO may occur before the end of March.

Uber filed a confidential registration statement on December 7, 2018. Its valuation has been pegged in the $120 billion range. The Uber IPO will probably be the largest - and the most controversial - IPO in the U.S. during 2019.

Uber and Lyft are the two largest ridesharing companies in the U.S., a market that Lyft describes as a "peer-to-peer marketplace for on-demand ridesharing." Uber, the poster child for the so-called "sharing economy," operates in about 70 countries and also has businesses in freight hauling, autonomous driving, food delivery, air taxis and artificial intelligence research. In contrast, Lyft is only available in the United States and Canada and has stayed tightly focused on its core ridesharing business. Both companies have focused on growth at the expense of profitability.

Lyft has benefited from a spate of scandals that rocked Uber in 2017, including allegations of sexual harassment made by its female employees, the resignation of its chief executive officer and its use of illicit software to deceive regulators. As a result, Lyft had a 39% share of the U.S. ridesharing market in 2018, up 17% in two years.

Uber SEC filings: Not available yet.

Lyft SEC filings:

Uber website:

Lyft website:

Two related SI boards:

Drones, Autonomous Vehicles and Flying Cars: Subject 59296

Among the biggest risks involved in the push to driverless cars is getting beaten in the race. The first companies to offer autonomous ride sharing “are expected to have long-term advantages compared with traditional non-autonomous ride sharing offerings,” Lyft says.

Peer-to-Peer, Gig, and On-Demand Economies: Subject 59463

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245LYFT is up about 4% in after hours trading. Lyft CEO and president to step downGlenn Petersen-Monday
244Uber and Lyft shares rise after California court victory lets them classify drivGlenn Petersen-March 14
243Uber reportedly considering spinning off its freight business BY DUNCAN RILEY Glenn Petersen-March 9
242I'm beginning to think that Lyft will either downsize to a regional brand, oGlenn Petersen-February 9
241Awful. Heaven forbid should they have to downsize to save the company. Buy UBERrogermci®-February 9
240Lyft Shares Fall After Unexpected Loss, Downbeat Revenue Outlook Ride-hailing cGlenn Petersen-February 9
239Uber Reports Record Revenue as It Defies the Economic Downturn New York Times FGlenn Petersen2February 8
238Uber reports another loss but beats on revenue and the stock is up Published TuGlenn Petersen-11/1/2022
237Uber, Doordash plunge after Labor Department proposes change to gig worker classGlenn Petersen110/12/2022
236Troubling Details About the Big Uber Hack wired.comRon-9/17/2022
235It’s no surprise that Uber and Lyft are tapping into the ad business Fast CompaGlenn Petersen-8/19/2022
234Uber reports another big loss but beats on revenue, shares pop 17% Published TuGlenn Petersen-8/2/2022
233Uber Eats, DoorDash Offer New Deals to Court Customers as Growth Cools DeliveryGlenn Petersen-7/29/2022
232Strange Result of Uber Tipping [youtube video] youtube.comTimF-7/22/2022
231Uber broke laws, duped police and secretly lobbied governments, leak reveals --Glenn Petersen17/10/2022
230Uber and Lyft’s New Road: Fewer Drivers, Thrifty Riders and Jittery Investors TGlenn Petersen-5/27/2022
229Inevitably, the ride-hailing companies will be replacing their drivers with autoGlenn Petersen15/22/2022
228UBER tightens its belt. Uber CEO tells staff company will cut down on costs, trGlenn Petersen-5/9/2022
227Uber Reads the Road in Ride-Hailing Lyft’s results show it will pay for its defGlenn Petersen-5/5/2022
226Uber reports surging revenue as drivers return, but posts massive loss on investGlenn Petersen-5/4/2022
225Lyft shares plunge on light guidance, continued driver incentives PUBLISHED TUEGlenn Petersen-5/4/2022
224Uber reports Q1 earnings on Wednesday: Here’s what Wall Street’s watching PUBLIGlenn Petersen-5/2/2022
223Uber looks to create travel ‘superapp’ by adding planes, trains and rental cars Glenn Petersen-4/6/2022
222Uber stock jumps on deal to offer New York City taxi rides in app PUBLISHED THUGlenn Petersen13/24/2022
221Uber Raises Quarterly Guidance on Delivery Growth, Ridership Recovery Chief ExeSr K-3/7/2022
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