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Stock Footage

Ride-Hail Firm Lyft Launches Ipo Road Show In Uber's Shadow

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Description

By Reuters

Description:
LOS ANGELES, CALIFORNIA, UNITED STATES (MARCH 18, 2019) (REUTERS VIA SKYPE) (SOUNDBITE) (English) COX AUTOMOTIVE, DIRECTOR OF CLIENT STRATEGY, AKSHAY ANAND, SAYING: "Yes, you know, the timing is very interesting, right? Because, obviously, both Lyft and Uber, are coming to market. Obviously, Uber is expected to have a much bigger valuation. So, I do think that, you know, the roadshow Lyft is doing, is to drum up interest to say, 'Hey, you know, we're coming to market first, look at, you know, the products we have.' Just to kind of get the buzz around them, because, as we know, inevitably, when Uber IPOs, the buzz is going to shift, right? So, I think, it's smart for Lyft to kind of get as much buzz as possible, as soon as they can, as quickly as they can, just because, you know, this is this is an Uber and Lyft world, not either."
Dateline: 2019

Additional Information

Item ID:
112029026
Usage:
Editorial
Duration:
00:00:41
Looping:
No
Alpha Matte:
No
Advanced Licensing Options
Alpha Channel:
No
Model Released:
No
Property Released:
No
Location:
Los Angeles, California, United States / Undisclosed Locations, Us
Average Bitrate:
11.1 Mbps
Bit Depth:
24
Audio Channels:
2
Audio Format:
mp4a
Audio Sample Rate:
48000