Ridesharing is Going Public

Ridesharing is Going Public
After months of speculation, the highly anticipated IPO of Lyft was issued on Nasdaq on March 29. According to Reuters, Uber IPO is expected to take place this week, which, at 100B+ valuation, would make it the largest IPO since Alibaba’s offering in 2014 and one of the largest in history. As private companies are not subject to the same disclosure requirements as public companies, it is hard for investors to gather historical time-series information on private firms or for that matter, recently turned public firms. By analyzing five years of media coverage pertaining to the two leading companies in the ridesharing industry, this report demonstrates the manner by which media information could fill in the information gap
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By MKT blogger
on 6 May 2019