Highly Anticipated Ride-Sharing IPOs in 2019
New York, NY - (NewMediaWire) - January 10, 2019 - Technology as a sector has always been known for delivering some of the highest valued IPOs in the history of the US. With the arrival of 2019, Smallcaps Daily expects to see some global tech giants such as Airbnb, Slack, WeWork, Palantir, Pinterest, and Uber get listed and IPO investors are on the lookout for some spectacular returns as seen in the past. The most noteworthy sub-sector within technology which is witnessing unreal growth not just in the US but across the globe, is ride sharing. Uber and Lyft, the top 2 players of the US are going public soon but before their public issues comes the IPO of a relatively smaller but a differentiated player within the ride-sharing space - YayYo. The company acts on a vehicle leasing model and works as a trainer and supplier of drivers to Uber and Lyft, making its growth strongly correlated to that of these giant.
As the IPOs of each of these ride-sharing companies draw closer, the entire story is expected to be about double-digit revenue multiple valuations, over-subscriptions, and huge listing premiums. Given this scenario, it is interesting to analyze which of these three players would deliver the best value to investors.
Full Article on : https://smallcapsdaily.com/how-to-profit-from-the-highly-anticipated-ridesharing-ipos-in-2019-with-u....
Gary Clyburn Jr
Source: Small Caps Daily