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Lift IPO is a pure investment in the American riding share market

Lift IPO, which can come next month, can act as an icebreaker in the frozen IPO. The US deals have disrupted – largely as a result of the longest government closure in American history.The documents will give Wall Street an insight into whether Lyft values ​​the $ 25 billion it allegedly seeks. The most important issues are how close Lyft is to achieving profitability, how quickly the company steals market shares from Uber and what risks these companies face.Lyft's IPO filing shows how, unlike Uber, it's completely focused on the thriving US runaway market. "Lifting is much more a focus on a clean play US route sharing market," said Asad Hussain, new technology analyst at PitchBook, a research company covering private capital markets. "It's a cleaner growth story." It is true that Lyft has clogged the toes of bicycles and scooters, among other things by acquiring the bicycle sharing operator Motivate. But Uber, the more mature company allegedly seeking a valuation of up to $ 120 billion, spends heavily on expanding into overseas markets and new areas such as delivery (Uber Eats), shipping (Uber Freight ) and micro mobility with services such as JUMP electric scooters. Uber's strategy could pay by making it a single store for all transport needs. But it also poses risks and puts pressure on Uber's margins. "Lifting stays away from the untested markets as delivery and shipping. It provides a much clearer growth story to investors," Hussain says. Although ordering an uber has become commonplace…

Lift IPO, which can come next month, can act as an icebreaker in the frozen IPO. The US deals have disrupted – largely as a result of the longest government closure in American history.

The documents will give Wall Street an insight into whether Lyft values ​​the $ 25 billion it allegedly seeks. The most important issues are how close Lyft is to achieving profitability, how quickly the company steals market shares from Uber and what risks these companies face.

Lyft’s IPO filing shows how, unlike Uber, it’s completely focused on the thriving US runaway market.

“Lifting is much more a focus on a clean play US route sharing market,” said Asad Hussain, new technology analyst at PitchBook, a research company covering private capital markets. “It’s a cleaner growth story.”

It is true that Lyft has clogged the toes of bicycles and scooters, among other things by acquiring the bicycle sharing operator Motivate.

 The IPO market is still in sleep mode. Blame Government Suspension and Market Supply

But Uber, the more mature company allegedly seeking a valuation of up to $ 120 billion, spends heavily on expanding into overseas markets and new areas such as delivery (Uber Eats), shipping (Uber Freight ) and micro mobility with services such as JUMP electric scooters.

Uber’s strategy could pay by making it a single store for all transport needs. But it also poses risks and puts pressure on Uber’s margins.

“Lifting stays away from the untested markets as delivery and shipping. It provides a much clearer growth story to investors,” Hussain says.

Although ordering an uber has become commonplace for many Americans, ridesharing itself remains a relatively untested market.

“We haven’t seen how it works during a downturn. When you add all these other things, it dredges the water,” Hussain said.

Financial results released earlier this month show that Uber lost $ 1.8 billion in 2018, compared to a loss of $ 2.2 billion the year before. But the results also show that Uber’s sales growth also slowed sharply.

The IPO history of the lift does not come with the luggage that has surrounded Uber. In recent years, Uber has been arrested by countless scandals, including sexual harassment, alleged gender discrimination and a prolonged boardroom with founder and co-chairman Travis Kalanick.

For all these reasons, Lifting is likely to get a richer score than Uber.

2. Fourth quarter GDP: On Thursday, the Bureau of Economic Analysis will release a long-awaited estimate for gross domestic product in the last quarter of 2018.

The scheduled release last month was delayed by the government’s suspension, as BEA was not open when it would normally collect and analyze all data used to calculate economic growth. After a blockbuster second and third quarter, which came in at 4.2% and 3.4% respectively, economists expect a more subdued number – forecasts currently range from the Atlanta Fed’s 1.4% to New York Fed’s 2.35%.

3. Powell speaks to Congress: Federal Reserve Chairman Jerome Powell will testify at a meeting of the House Financial Services Committee on Thursday and at a Senate Bank Committee to be heard Friday.

Powell has been trying to calm the markets over the past couple of months by suggesting the Fed will be on pricing. President Donald Trump has criticized Powell and the Fed for raising interest rates by 2018.

4. Retail: Some of the country’s largest retailers will tell Wall Street this week how they did their vacation.

Home Depot and Macy’s quarterly results report on Tuesday while Best Buy, Lowe and L Brands arrive on Wednesday. JCPenney, Nordstrom and Gap land on Thursday.

The expectations of investors are high for all these companies. The economy is strong and retailers make a large part of their sales during the holiday distance. Wall Street is looking for possible cracks in its business or signs of a slowdown.

5. Upcoming next week:

Tuesday – Home Depot ( HD ) Macy & # 39; s ] ( M ] Papa Johns ( PZZA ) and JM Smucker ( SJM ) ] Profit, Powell BBY LOW ) and Campbell Soup ( CPB ) profit occurs Powell before the House Financial Services Committee

Thursday – GDP report, ] JCPenney ( JCP ) [PG&E ( PCG ) Gap ) Nordstrom ( JWN ) and Anheuser- Busch ( BUD ) result

fr edag – Marriott ( MAR ) result

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