Uber files for IPO

Uber has filed its S-1, setting the stage for the transportation company to go public next month. This comes less than one month after competitor Lyft’s debut on the public market. Uber is listing under the New York Stock Exchange under the symbol “UBER,” but has yet to disclose the anticipated initial public offering price. In the filing, Uber reported 2018 revenues of $11.27 billion. Though, we knew this thanks to Uber’s previous disclosures of its financials. Learn more about your ad choices. Visit podcastchoices.com/adchoices