A group of investors has called on Lyft Inc's board to scrap a proposed dua...
An electric scooter from the ride sharing company Lyft is shown on a downtown sidewalk in San Diego, California, U.S., March 15, 2019. REUTERS/Mike Blake
San Francisco-based Lyft’s planned IPO includes a dual-class stock structure, with one class of shareholders getting 20 votes per share and another getting one vote per share.
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Uber will officially launch its IPO in April with its first public filingsThe ride-hailing giant follows Lyft, which filed its first public documents earlier this March.
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Lyft makes flattering “contribution” to accountingThe term commonly means revenue less variable costs. The ride-hailing firm’s take on it excludes even some of those outlays and suggests healthy profit in the future. Like WeWork’s “community-adjusted EBITDA” prospective IPO investors should probably ignore the metric altogether.
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If Lyft can’t keep its drivers as independent contractors, it may never be profitableLyft’s entire business model is predicated on its relationship with its drivers. Unfortunately for Lyft there is great uncertainty at each juncture of that driver relationship, JmBooyah writes.
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Harley-Davidson's evolving mission toward a greener futureHarley-Davidson's motorcycle sales are struggling. Competing with Bird, Lime, Uber and Lyft might be an answer.
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Uber plans to kick off IPO in April: Reuters, citing sourcesRide-hailing company Uber is planning to kick off its initial public offering in April, putting it close on the heels of its smaller rival Lyft, people familiar with the matter said on Thursday.
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Uber plans to kick off IPO in AprilRide-hailing company Uber is planning to kick off its initial public offering in April, putting it close on the heels of its smaller rival Lyft, people familiar with the matter said on Thursday.
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SoftBank, Other Investors in Talks to Invest $1 Billion in Uber’s Self-Driving UnitA consortium that includes SoftBank Group is in late-stage talks to invest $1 billion or more into Uber Technologies Inc.’s self-driving vehicle unit, according to people familiar with the negotiations.
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SoftBank, others in talks to invest $1 billion in Uber's self-driving unit: WSJA consortium that includes SoftBank Group Corp is in late-stage talks to invest ...
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RWE’s German carve-up looks better than E.ON’sA year after a 17 bln euro asset swap, the German utilities’ deal is in Brussels’ antitrust sights. It’s more an issue for E.ON, which may lose out if forced disposals erode hoped-for cost savings. RWE, meanwhile, seems to have chosen the right time to bulk up in renewables.
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