Lyft and Uber's European rivals are trying to make money before going public

Lyft and Uber's European rivals are trying to make money before going public

7 years ago
Anonymous $Dftgs0JzgE

https://www.cnbc.com/2019/03/28/lyft-uber-european-rivals-are-trying-to-make-money-before-going-public.html

Lyft and Uber are stealing the spotlight in the global ride-hailing market with massive upcoming initial public offerings – and that doesn't bother their European rivals.

At the Goldman Sachs Disruptive Technology Symposium in London this week, European ride-hailing and carpooling start-ups said they will be closely watching Uber and Lyft's highly-anticipated IPOs but added they are more focused on profitability than their U.S. counterparts.