2019 will be interesting... https://www.wsj.com/articles/uber-lays-groundwork-for-ipo-1544231655
Confidential? 😂 Now they’re following lyft. They filed their paper work earlier this week. https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSKBN1O51AA
Just like Uber Pool followed Lyft Line, Uber got all the press. Sorry Lyft.
Desperation time setting in... probably the best move though at this point
👁WOKE👁
“Uber had 69% of the U.S. market, while Lyft had 28% as of October, according to Second Measure, which tracks credit-card spending data.” Lyft said they have 35% market share in the US and CAN though.
Depends on how you measure share. I’m sure Lyft is measuring it in the way most favorable to them.
Lyft sucks
Uber is indeed desperate!
Wow this is already posted in about 20 subreddits, Lyft news spread a lot more slowly. Big dog coming through, woof 😎🐶
^
Finally we can sell short Uber!!!
Wait. Observe how they manage investor expectation for a few Quarters. If they blow the stock price up setting unrealistic expectations, lot of $$$ to be made by shorting.
I will short it regardless. I just don’t understand a business losing billions of dollars a year would have any meaningful returns to investors.
No. Stupid.
At this market that just recently went down 20%... good luck with that. Next year gonna be even tougher.
Which market went down 20%?
Each of the FANG stocks
Tech Industry
Yesterday
5904
Google doing more layoffs, restructuring including country moves
Tech Industry
Yesterday
1097
Meta L6 or Coupang sr staff
2024 Tax
Yesterday
2623
Biden’s new tax proposal is wild
2024 Presidential Election
Yesterday
1501
Biden ruined America and tech! Tax plans are insane
India
Yesterday
1656
Lost respect for Modiji
Terrible timing
They're going public in March/April like they really care what the market is doing today.
Hopefully trump will be impeached and the market returns to normal by then