Monday, December 10, 2018

Uber, Joining Lyft, Launches Confidential IPO

San Francisco-based ride hailing service aUber has confidentially filed for an IPO, joining fellow on-demand ride service Lyft in heading for the public markets. According to the WSJ, citing "people familiar with the matter", Uber has filed its paperwork confidentially with the SEC for its own IPO. Both Lyft and Uber would likely appear on the market as early as March or April of next year.