Uber and Lyft plan IPOs next year but their valuations are poles apart

Uber is preparing for an IPO that could happen in early 2019 and the proposals it received from Wall Street banks have valued it as much as $120 billion, said a report by The Wall Street Journal. Proposals were submitted by Morgan Stanley (MS) and Goldman Sachs (GS) and the $120-billion valuation was put forth … Continue reading Uber and Lyft plan IPOs next year but their valuations are poles apart