Uber confidentially files for IPO: sources

Credit: Reuters- Published on December 8, 2018
Ride-hailing company Uber Technologies Inc filed paperwork confidentially this week for an initial public offering next year, three people familiar with the matter said on Friday, setting the stage for what would be one of the biggest listings ever.
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Published on December 6, 2018 -  00:58
Lyft Files for Initial Public Offering
Lyft Files for Initial Public Offering The ride-sharing service was last valued at about $15 billion. JPMorgan Chase & Co, Credit Suisse and Jefferies have been chosen as its IPO underwriters. Lyft has not revealed the number of shares it's selling or the price range for the offering in its confidential filing with the Securities and Exchange Commission this week. Main rival Uber is expected to pursue its own IPO sometime next year as well. Sources say by the time that happens, Uber's value could be a staggering $120 billion.

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