We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Roundabout $100 billion

11 April 2019 By Gina Chon, Robert Cyran

The ride-hailing app’s mega-IPO could value it at nine times revenue. That’s less than the multiple Lyft achieved, but its stock has tanked. Both firms are burning cash and face an uncertain road to profitability. Uber’s diversification may help it survive the long journey.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)