Lyft is smaller than Uber, but it might just one-up its rival on the stock market and provide some fiercer competition. Wall Street Journal sources have learned that Lyft has filed documents with the SEC for its expected initial public stock offerin...
Lyft may become a public company before Uber
Lyft is smaller than Uber, but it might just one-up its rival on the stock market and provide some fiercer competition. Wall Street Journal sources have learned that Lyft has filed documents with the SEC for its expected initial public stock offerin...
Uber, according to its self-reported financials, said it lost (on a GAAP basis) $1.07 billion as it continues to invest in new areas, such as bicycles, scooters and freight shipments. The company is still growing however, as revenue rose 38 percent f...
Uber has selected a new CFO, finally filling a role that has been vacant since 2015. The company has hired Nelson Chai for the position, a former Merrill Lynch CFO and most recently the CEO of insurance firm The Warranty Group. "I'm incredibly excite...
It's been a busy year or so for Sonos. Since last April, the company has launched three hardware products (the Playbase, Sonos One and Beam), added AirPlay 2 and Alexa support and became a publicly-traded company just yesterday. It's a milestone for...
Tencent's push onto American entertainment is going beyond gaming and movies. Now the Chinese conglomerate will bring its Tencent Music Entertainment division to domestic shores, as spotted by TechCrunch. Over the weekend, the company announced (PDF)...
With little fanfare, smart speaker company Sonos has just announced it plans to go public. Sonos plans to raise $100 million in its IPO, but noted that amount was "estimated as a placeholder." Along with the announcement, the company released the req...
Dell went private back in 2013 to reorganize without quite so much external pressure to perform. Now, however, it's ready to go public once again. The company has unveiled a plan to buy its own tracking stock in a $21.7 billion deal that, in exchan...
Xiaomi's interest in listing on the Hong Kong Stock Exchange hasn't exactly been a well-kept secret, and following months of speculation, the time has finally arrived. Today, the Chinese smartphone maker filed its initial public offering documents, a...