• Uber Makes Confidential Filing for IPO, Setting Up Race Against Lyft

    6 days ago - By Slate

    Uber confidentially filed paperwork to go public on Thursday, sources told several news outlets late Friday. The Wall Street Journal was the first to report the news that officially begins the countdown for one of the most hotly anticipated and biggest stock market debuts in history. Uber filed the paperwork on Thursday, the same day as its smaller rival Lyft, setting the stage for a race to see who will be the first to get to the public markets in the first half of next year. “It sounds like Uber is trying to steal Lyft's thunder,” said Matt Kennedy, senior IPO market strategist at...
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  • Uber Confidentially Files for IPO Following Rival Lyft

    7 days ago - By Fortune

    Uber Technologies has filing for an initial public offering, joining its competitor Lyft in a race to the investor market.
    Dubbed “Project Liberty,” Uber filed paperwork confidentially this week for its IPO and may beat Lyft to be the first on the market in 2019, reported The Wall Street Journal .
    Uber's IPO sets the stage as one of the biggest technology listings ever for Silicon Valley. Recent private financing, reported by Venture Beat , has the company worth $76 billion and if gone public, it could be worth $120 billion in IPO. This would surpass popular companies, including Airbnb and...
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