Uber and Lyft are both revving up for two of the most anticipated IPOs of 2019. In three rounds, we look at which company will be a better bet for investors. Ride-hailing company Lyft Inc. is leading a parade of Silicon Valley companies to Wall Street that display an unusual quality: lots of red ink. With its initial public offering expected this week, Lyft will serve as one of the biggest tests of the public market’s appetite for money-losing companies since the dot-com era. Lyft last year posted...
Source: Wall Street Journal March 25, 2019 12:00 UTC