Ride-hailing service Uber is likely to be one of the most closely watched Initial Public Offerings (IPOs) of 2019/20 as the global giant finally comes to market. Many investors are curious about a look under the operating hood.
While Uber and Lyft might seem almost interchangeable from the perspective of someone who needs to get from point A to point B, their business models are more than a bit different. Still, they have both arrived at the same place — Wall Street — at essentially the same time, to pick up the same passenger: A lot of money from investors.
In this MarketFoolery podcast, host Chris Hill and senior analyst Taylor Muckerman consider the two ride-sharing leaders, their diverging philosophies, the IPO race, and which one looks more promising from a retail investor’s standpoint.