Articles tagged “ipo”

Why Airbnb Won’t Do an Initial Public Offering in 2020

Why Airbnb Won’t Do an Initial Public Offering in 2020

Dennis Schaal, Skift

Airbnb has always put itself out there as not just another startup or your grandmother's online travel agency. Going the direct listing route, as opposed to a far costlier initial public offering, could fit in nicely with that narrative.

5 months ago

Caribbean Resorts Giant Apple Leisure Taps New CEO to Prep for Possible IPO

Caribbean Resorts Giant Apple Leisure Taps New CEO to Prep for Possible IPO

Ezra Fieser, Bloomberg

With international visits up worldwide, it's a good time to be in the resort business. Apple Leisure Group will continue to focus on expansion before it opens up its books to shareholders.

6 months ago

European Rail Booking Site Trainline Looks at Being Next Big Travel IPO

European Rail Booking Site Trainline Looks at Being Next Big Travel IPO

Patrick Whyte, Skift

With consumers much more aware of the damaging environmental impact of air travel, other forms of transport are having a moment. It might be a good time for Trainline's private equity owners to sell up.

9 months ago

SoftBank Is In for Long Haul With Massive Ridehailing Bet

SoftBank Is In for Long Haul With Massive Ridehailing Bet

Pavel Alpeyev, Bloomberg

SoftBank founder Masayoshi Son is a big believer in Uber, and the company's upcoming initial public offering will make him and his company richer. But it sounds like he's thinking about the more lucrative rewards further down the line.

9 months ago

6 Uber IPO Roadshow Takeaways Every Travel Exec Needs to Know

6 Uber IPO Roadshow Takeaways Every Travel Exec Needs to Know

Dennis Schaal, Skift

Uber certainly isn't making a profit yet, which isn't the worst thing in the world, considering the mammoth market opportunity. Still, investors in its initial public offering should know it could take several years before that red ink turns black.

10 months ago

Uber Secures $1 Billion Funding for Self-Driving Unit Ahead of IPO

Uber Secures $1 Billion Funding for Self-Driving Unit Ahead of IPO

Eric Newcomer, Bloomberg

The autonomous-car unit is a very costly endeavor with Uber not making any profits. But the latest $1 billion investment helps Uber to go on its IPO roadshow with additional fuel.

10 months ago

Lion Air Indonesia Looks Beyond Crash With Possible $1 Billion IPO

Lion Air Indonesia Looks Beyond Crash With Possible $1 Billion IPO

Fathiya Dahrul, Elffie Chew, Joyce Koh and Crystal Tse, Bloomberg

Lion Air is revisiting its IPO plans, even as its crash last October is being kept in the news by the latest Boeing 737 Max crisis. May not be the best timing.

11 months ago

Lyft’s Good Problem to Have: Its IPO Is Oversubscribed

Lyft’s Good Problem to Have: Its IPO Is Oversubscribed

Olivia Zaleski and Eric Newcomer, Bloomberg

Looks like Lyft's initial public offering is already oversubscribed. Investors are willing to overlook its significant losses and forget that strong demand ahead of an offering does not mean success in public markets. As Facebook has shown.

11 months ago

Lyft Expected to Reveal a $2 Billion IPO Plan Anytime Now

Lyft Expected to Reveal a $2 Billion IPO Plan Anytime Now

Olivia Zaleski and Eric Newcomer, Bloomberg

Lyft aims for a market valuation of $20 billion to $25 billion, which will make its offering the biggest from a technology upstart since Snap’s IPO two years ago.

11 months ago

Lyft Aims to Reward Loyal Drivers While Going Public

Lyft Aims to Reward Loyal Drivers While Going Public

Krista Gmelich, Bloomberg

One of Lyft's major risk factors is the possibility of its drivers bailing to another competing service for some reason. This move will generate goodwill with the company's most loyal drivers, and others who are willing to buy into Lyft's long-term future.

12 months ago

Lyft Readies to Go Public Before Rival Uber

Lyft Readies to Go Public Before Rival Uber

Olivia Zaleski and Eric Newcomer, Bloomberg

Lyft's core focus was on growing in the U.S. while Uber jockeyed for global dominance. It didn't quite work out for Uber, and Lyft is now likely to beat it to the punch as a public company even though both are still losing money.

12 months ago

Lyft’s Focus Stands in Contrast to Uber’s Ambition

Lyft’s Focus Stands in Contrast to Uber’s Ambition

Eric Newcomer, Bloomberg

It's sometimes lost in the Uber debate that the strongest companies in the world don't try to do everything at once on a global basis. The financial case for investing in a focused and nimble operation tends to be much stronger even if the headlines aren't as sexy.

1 year ago