skip to Main Content
Uber Office

Uber files for IPO

Ride-hailing giant Uber has launched its much anticipated initial public offering filing. It has submitted the official S-1 form, revealing a lot of information about workings of the company. The CEO has written a letter to potential investors noting many…

Read More
Careem App Screenshot With A White Car In Background

Uber acquires Careem for $3.1 billion

Uber has announced it has reached a deal to acquire Middle East-based ride-hailing company Careem for $3.1 billion. Careem, founded in 2012 in Dubai, claims more than 30 million registered users, providing ride-hailing service in 120 cities across North Africa,…

Read More
A Pink Lyft Car Is Parked Next To A Cleaning Store

Lyft files for IPO

American ride-hailing company Lyft has filed for Initial Public Offering, after months of speculation. The official filing form lists $100 million for the offering, putting the company value around $25–30 billion. Lyft is the first ride-hailing company to go public…

Read More
A Pink Lyft Car Is Parked Next To A Cleaning Store

Uber and Lyft rush to IPO

Ride-sharing juggernauts Uber and Lyft have both announced that they have filed confidential documents for their initial public offering, an event long awaited by the financial industry. Lyft was trying to beat Uber to IPO, as the biggest ride-sharing company…

Read More
Back To Top