IPO

IPO
Lyft Posts $911M In 2018 Losses
March 25, 2019

Lyft, the ride-hailing startup that’s going public via an initial public offering later this week, is shaping up to have lodged the most losses in the run-up to an IPO. According to a report in The Wall Street Journal citing S&P Global Market Intelligence, Lyft has had losses...

IPO
Pinterest Files For IPO, Sets Stage For Mid-April Debut
March 25, 2019

Pinterest, the image-search company gearing up to go public via an initial public offering, filed its paperwork with the Securities and Exchange Commission late last week, setting the stage for it to become a publicly traded company by the middle of April. The Wall Street...

IPO
Lyft Sells All IPO Shares, Could Boost Valuation
March 25, 2019

Lyft has sold all of its planned IPO shares, leading analysts to raise their target price for the ridesharing company. As a result, the company may also strive for a higher valuation than the almost $23 billion it suggested last week when it launched its...

IPO
Pinterest IPO Could Happen In Mid-April, Sooner Than Planned
March 22, 2019

Pinterest, the image search company, is now gearing up to launch its initial public offering in the middle part of April, earlier than it previously planned. Aiming to take advantage of high demand for IPOs, people familiar with the matter told The Wall Street Journal that...

IPO
Lyft IPO Oversubscribed, Could Reap $1B In CA Taxes
March 20, 2019

Lyft’s initial public offering (IPO) is reportedly oversubscribed, with the company on its way to getting or maybe even exceeding its sought-after $23 billion valuation. The ride-hailing startup launched its road show on Monday (March 18), and sources told Reuters that executives have been meeting...

IPO
GM’s Lyft Investment Could Balloon To $1.27B Post-IPO
March 19, 2019

As Lyft moves closer to its IPO, General Motors could see its stake in the company reach as high as $1.27 billion. Lyft launched the investor road show for its initial public offering on Monday (March 18), aiming to get a valuation of between $21 billion...

IPO
Taxi-Hailing Firm Gett Eyes 2019 IPO
March 18, 2019

Gett, a ride-hailing company that works with taxis, is planning an initial public offering later this year, The Financial Times reported. The company offers transportation through established taxi systems rather than the minicab model used by Uber and Lyft, and it expects to become profitable...

IPO
Lyft Aims For As Much As $23B Valuation
March 18, 2019

Lyft is set to launch the investor road show for its initial public offering on Monday (March 18) in which it’s aiming to get a valuation of between $21 billion and $23 billion. Citing people familiar with the matter, The Wall Street Journal reported over...

IPO
Uber Eyes April IPO Debut
March 15, 2019

Sources have revealed that Uber is planning to launch its initial public offering (IPO) in April. According to Reuters, Uber will issue its required public disclosure next month, then start its investor roadshow. Uber declined to comment on the report. If the reports turn out to...