Uber’s First Earnings After IPO May Reveal More About Its Scooter Ambitions

Uber and Lyft are spending big money to ramp up their electric scooter businesses even as they face rising scrutiny about their lack of profits. They’ve hired big teams, bought thousands of scooters, and are continuing to invest in creating their own scooter designs. But despite disappointing recent initial public offerings and super-sized losses, the […]

Here’s What Analysts Are Saying About Pinterest Following IPO

Pinterest may not be this year’s most anticipated initial public offering, but analysts say it shouldn’t be overlooked as an investment. “If you get blinded by all the other stars out there, you’re missing on the value Pinterest has,” said Andrew Lipsman, analyst at research firm eMarketer, referring to Uber, Lyft and a raft of […]

Uber’s IPO Filing Shows How Much of a Lead It Has on Rival Lyft

In the race for ride-hailing dominance, Uber is officially in the pole position, out-pacing rising competitor Lyft by more than $9 billion in revenue and at least 60 million users. That’s the big takeaway from Uber’s S-1, after the San Francisco-based company has filed its initial public offering paperwork with the Securities and Exchange Commission […]