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Uber Schemes to Steal Lyft’s Thunder in IPO Race


Ride-sharing leader Uber is about to steal the thunder of its nearest competitor. Reuters reports that Uber is set to file its S-1 document with the SEC in April followed by a road-show to court big investors, which will set in motion plans to debut in the public market. The filing would come on the heels of an IPO by the Silicon Valley darling’s chief rival Lyft, the latter of which is likely to occur at the end of this month, giving investors the opportunity to spread the wealth across both companies. Uber Plots to Upstage Lyft IPO The race

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2019-03-15 16:07:58

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