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Technology Stocks
Uber Technologies and Lyft Inc. IPOs
An SI Board Since March 2019
Posts SubjectMarks Bans Symbol
217 25 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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217Uber revenue up 72% from last year, but Didi stake contributes to big loss PUBLGlenn Petersen-November 4
216Uber and Lyft Thought Prices Would Normalize by Now. Here’s Why They Are Still HGlenn Petersen-November 1
215Uber and Lyft actually closed up for the day. The smart money is betting that thGlenn Petersen-August 23
214Superior Court Judge Frank Roesch said in Friday’s ruling that Proposition 22 lTimF-August 23
213California Ballot Measure That Classifies Uber, Lyft Drivers as Independent RuleGlenn Petersen-August 21
212Uber, Lyft Prices at Records Even as Drivers Return Data show average fares werGlenn Petersen-August 8
211Lyft revenue grows 125% from last year PUBLISHED TUE, AUG 3 20214:08 PM EDT UPDGlenn Petersen-August 4
210Uber beats estimates, but core business lost $509 million in Q2 PUBLISHED WED, Glenn Petersen-August 4
209Uber to buy transportation logistics company Transplace in $2.25 billion deal PGlenn Petersen-July 22
208Do the math. Didi didn’t disclose the size of its raise. Reuters reported the Glenn Petersen-June 11
207All I know is it has sure been nice this past year to not have the damned Uber aKirk ©-May 11
206Did Ride Hailing Increase Congestion? By The Antiplanner | April 29, 2021 TimF-May 11
205Uber losses dramatically improve thanks to sale of self-driving unit PUBLISHED Glenn Petersen-May 5
204Lyft shows more signs of pandemic recovery with revenue up 7% over last quarter Glenn Petersen1May 4
203Uber posts record gross bookings in March as ride-hailing demand picks up PUBLIGlenn Petersen-April 12
202Uber grants UK drivers worker status after losing major labor battle PUBLISHEDGlenn Petersen-March 16
201Do Digital Platforms Reduce Moral Hazard? The Case of Uber and Taxis Meng Liu, Glenn Petersen-March 7
200Uber spins out delivery robot startup as Serve Robotics Kirsten Korosec@kirstenGlenn Petersen-March 2
199Uber dealt a major blow in the UK as top court rules its drivers are workers PUGlenn Petersen-February 19
198Uber losses narrow as delivery growth outpaces fall in ride-sharing PUBLISHED WGlenn Petersen-February 10
197Lyft stock rises more than 10% after company reports signs of pandemic recovery Glenn Petersen-February 9
196 The Democrats Just Reintroduced a Labor Law that Would Destroy Uber—And FJB-February 9
195Uber agrees to buy alcohol delivery service Drizly for $1.1 billion PUBLISHED TGlenn Petersen1February 3
194Uber sells its self-driving unit to Aurora PUBLISHED MON, DEC 7 20204:05 PM ESTGlenn Petersen-12/7/2020
193I have not seen an official date, though I have read that they want to do it befGlenn Petersen-11/27/2020
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