Uber will make its highly anticipated debut on the public markets in April, according to sources interviewed by Reuters.
The company is one of the most valuable non-public entities in the world and it is expected to be valued above $100 billion when it files for its IPO.
Uber's debut is one of the most highly-anticipated initial public offerings of the year, and, if Reuters' report is correct, it will come soon after rival ride-hailing service Lyft is set to debut at the end of March.
Uber's revenue for 2018 was $11.3 billion, up 43% year over year, according to the company's self-reported financials. Its adjusted losses decreased 15% year over year to $1.8 billion from $2.2 billion.
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Lyft, meanwhile, is expected to garner a valuation between $20 billion and $25 billion when it files. The company officially files its IPO prospectus earlier this month and it plans to list on the Nasdaq under the ticker "LYFT."
Lyft reported revenue of $2.2 billion in 2018, which was double the $1.1 billion it made in 2017. However, the company's growth rate is slowing after the company reported revenue of $343 million in 2016.
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