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PitchBook Analyst Note: Private Market Implications from Uber's and Lyft's 3Q 2019 Results

4Q 2019

PitchBook Analyst Note: Private Market Implications from Uber's and Lyft's 3Q 2019 Results

November 18, 2019

PitchBook Analyst Note: Private Market Implications from Uber's and Lyft's 3Q 2019 Results
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After gaining traction for several years, mobility tech was thrust into the spotlight in 2019 with the public market debuts of ridesharing giants Uber and Lyft. Although our coverage of mobility tech focuses primarily on privately backed companies, we regard Uber and Lyft as important bellwethers for trends and investment into the industry. This analyst note delves into the implications of Lyft's and Uber’s third quarter financial results for privately held companies in ridesharing, food delivery and micromobility.