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LYFT FINANCIAL PERFORMANCE
Lyft posts record bookings, but higher promotions fuel profit missThe ride-hailing services provider has stepped up spending on incentives and loyalty programs to attract and retain customers and sustain g...- Why Uber stock is climbing as robotaxis testing will hit London streets next year after partnership with BaiduUber stock: Uber is set to test Baidu's Apollo Go robotaxis in London starting in the first half of next year, a move that positions the ri...
- Lyft stock jumps 12% today as Lyft partners with Waymo to launch fully autonomous ride-hailing in Nashville in 2026Lyft Inc. (NASDAQ: LYFT) shares surged over 12% to $22.69 following the announcement of a new partnership with Alphabet's Waymo to introduc...
- Oyo pre-files confidentially for smaller IPOPre-filing, introduced by the Securities and Exchange Board of India in November last year, allows the details of the preliminary filing to...
- Japan's Nikkei falls as weak tech shares, dim corporate outlook weighChip equipment maker Tokyo Electron slipped 4.39%, becoming the biggest drag on the Nikkei. Its peer Advantest fell 1.57%, while technology...
- Facebook parent Meta is said to plan significant job cuts this weekThe layoffs were expected by the end of the week. Meta had 87,314 employees at the end of September, up 28% from a year ago.
- IPOs that crashed and burnedPaytm’s disastrous stock market debut—where its share price tanked 27.4% from its issue price—shares similarities with listing day performa...
- Beware! Unicorns have a habit of failing in public markets. Here’s whyZomato, which is valued at $9 billion, is generating revenues of close to Rs 2,000 crore, but incurring losses to the tune of Rs 816 crore....
- IPO best in show doesn't go to WeWork, Uber or LyftDatadog Inc helps companies monitor the health of their apps and computing infrastructure; it sold its first batch of public stock late Wed...
- WeWork CEO points to Uber's losses as example of ‘growth issues’WeWork parent We Co. is expected to begin its roadshow as soon as next week.
- One theory why Lyft, Uber IPOs flopped: special purpose vehiclesUber’s IPO flop suggests investors are growing wary of the business prospects in ride-hailing.
- Uber is a bellwether for all the wrong reasonsPeople have been saying for a while that this IPO could determine the direction of Silicon Valley for years to come. It could determine muc...
- Uber's hype dissolves and IPO joins ranks of Wall Street flopsUber’s losses last year totaled $3.04 billion on an operating basis, with revenue of $11.3 billion. Its total operating losses over the pas...
- Uber slips below $70 billion value, marring a big year for IPOsUber shares debuted at $42, well below the IPO price of $45.
- WeWork files for I.P.O., joining the ranks of Uber, Lyft, SlackWeWork filed paperwork confidentially with the U.S. Securities and Exchange Commission to hold an initial public offering.
- Uber to kick off investor road show with IPO terms on FridayPayPal's investment and collaboration are contingent upon Uber completing its IPO.
- Lyft's stock pain an ominous sign for Uber IPOLyft shares ended on Wednesday down 11 percent at $60.12, well below their $72 IPO price.
- Uber narrows loss to $645 million, boosts revenue in turmoilUber generated $1.75 billion in adjusted net revenue in the second quarter of this year, up 17 percent from the prior quarter. Uber narrowe...
- Uber reports financial numbers for first time, shows it's a cash-burning machineUber more than doubled gross bookings in 2016 to $20 billion, acc to report. Net revenue was $6.5 billion, while adjusted net losses were $...
- Ola faces funding slowdown, valuation may shrink in new roundThe fund-raising, when goes through, maybe the first ‘down round’ in the country for a unicorn, or a startup valued at over a billion dolla...
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