Uber controls the majority of U.S. ride-hailing but Lyft is growing twice as fast. And both plan to go public in early 2019.
Last Thursday, it looked as though Lyft would be the first ride-hailing unicorn to go public, after it confidentially filed a draft form for an IPO. But its bigger competitor, Uber, eliminated Lyft’s lead the following day when its own plans to go public were reported. Both are expected to hit the public markets as soon as the first quarter of 2019.
So where do they stand?