Tag: Uber

Lyft-ing up or Falling Fast?: Lyft Becomes the First Rideshare Company to IPO

Lyft inc. [LYFT: NASDAQ] – Market Cap as of 5/4/2019 $21.28bn Introduction  On March 29, Lyft – a leading US ride-hailing company – went public on the Nasdaq. Its IPO price settled at the top end of the pricing range, with shares at $72 a piece valuing the company at nearly $24bn. The offering ranked […]

The Automotive Industry Revolution

Alphabet Inc. (GOOGL) – Market cap as of 6/10/16: $542.35bn Fiat Chrysler Automobiles N.V. (FCA) – Market cap as of 6/10/16: €7.55bn Apple Inc. (AAPL) – Market cap as of 6/10/16: $613.96bn Introduction The automotive industry is one of the businesses which is going to be affected the most by the technological innovations of recent […]

Ride-Hailing Wars – The Anti-UBER Alliance Awakens

About Uber Headquartered in San-Francisco Uber Inc., known as everyone’s private driver, is the largest mobile app-based transportation company in the world in terms of both network and valuation. It was founded in 2009 and underwent a period of aggressive growth unlike any other tech company. In less than six years Uber has landed its […]