Uber

  Good day, Uber's S-1 IPO filing dishes out some misleading information about the prospects for its Uber Freight operation and its impact on the parent. That's the view of veteran logistics analyst Steve Banker, vice president of supply chain services at ARC Advisory Group. Writing...

  Uber Technologies is planning to sell a 14 percent stake in its autonomous vehicle unit to existing investor Softbank, Japanese automaker Toyota, and auto parts manufacturer Denso ahead of its much-anticipated initial public offering (IPO), which is expected to happen in May. Though it...

  Good day, In its IPO registration documents, ride-sharing pioneer Uber Technologies, Inc. said that profits could be elusive. CNBC.com said that "serves as a chilling reminder of the dot.com crash" of the late 1990s and early 2000s when fledgling firms with no profits and little...

Uber released its S-1 filing after the market close, placing in on track to go public with its anticipated May IPO. The company is expected to attract a valuation between $90-100 billion, although CNBC previously said that the company was seeking as much as $120 billion, by selling roughly $10...

Ride-hailing service Uber filed Thursday with the Securities and Exchange Commission for an initial public offering on the New York Stock Exchange under the ticker symbol "UBER," following its ride-hailing rival Lyft Inc (NASDAQ: LYFT) to Wall Street.  San Francisco-...

Lyft Inc (NASDAQ: LYFT) is off to a rough start on the public market, but one analyst says things could get even worse in the near term. The Analyst Wedbush analyst Daniel Ives reiterated his Neutral rating and $80 price target for Lyft. The Thesis Ives says Lyft’s larger competitor Uber will...

  Good day, On-demand cab hailing company Lyft had its initial public offering (IPO) on March 28, after many months of its speculation. Though Lyft's (NASDAQ: LYFT) valuation started out aggressively at its launch, valued at $72 per share, the stock price fell subsequently with it priced...

Pushing aside concerns about the stickiness of the ride-sharing business model and a steady decline in Lyft's (NASDAQ: LYFT) share price, Uber is expected to make the registration of its initial public offering (IPO) publicly available tomorrow, April 11, signaling the beginning of one of the...

Uber Technologies is about to turn a long-awaited corner. What To Know In May, management will try to sell $10 billion of stock on the New York Stock Exchange, Reuters reported. The IPO is expected to be the biggest of 2019 and in the top 20 of all time. It will certainly be one of the tech sector...

  Upstarts Uber Freight and Convoy continued to gain market share among freight-matching rivals, as more traditional load boards saw their market share ebb in the face of more heavily digitized competition, according to a report from investment bank UBS. The study by UBS Group AG (NYSE: UBS...

Renaissance Capital's early 2019 research portended good things for the IPO market. In January, the financial firm cited a “large backlog” of U.S. IPOs that grew during the federal shutdown. In February, it found more than 220 private companies looking to go public ...

On the surface, it looks like Lyft, Inc. (NASDAQ: LYFT) and soon-to-be public rival Uber are technology companies. Both companies tout self-driving technology and the word “technology” appears throughout the Uber website. Companies may view themselves through a certain lens and...

Move over ride-hailing. Bus-hailing apps are picking up steam. The momentum is strongest in developing countries, where concerns about pollution and traffic congestion are mounting. Many developing countries also have a long history of mass transit use. This new mobility sector has a long way to go...

In its second day on the market, Lyft Inc (NASDAQ: LYFT) dipped below its $72 IPO price to close at $69. The negative sentiment resonates even with some of the company’s long-term bulls. The Rating Wedbush analysts Daniel Ives and Amir Chaudhri maintained a Neutral rating on Lyft with an...

In the race to the U.S. markets, Lyft is about to lap Uber and other ride-hailing rivals. The Offering According to Lyft’s amended S-1 filing, the company will issue 30.77 million shares between $62 and $68 on the Nasdaq under ticker "LYFT." A source familiar with the matter told...