Ahead of IPO, Uber signals there's more to it than ride-hailing

Ahead of IPO, Uber signals there's more to it than ride-hailing

A man checks his smartphone whilst standing amongst illuminated screens bearing the Uber Technologies Inc. logo in this arranged photograph in London, U.K., on Tuesday, June 26, 2018. Photograph: Bloomberg

This was a big week in IPO news for both Uber Technologies Inc. and Lyft Inc., as each edges toward its eagerly awaited public market debut. So far, there have been some striking similarities between the companies’ stories (e.g. the timing and the lack of profits), but there are key differences too. As it preps for the big event, Lyft has been stressing its gains in ride-hailing. Uber, meanwhile, is trumpeting just about everything else.

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