The Traderszone Network

Published in TZ Latest News 21 August, 2016 by The TZ Newswire Staff

Battle Of The Unicorns: Uber Says Lyft Is Worth Only $2 Billion, One Third Of Its Latest Valuation Round

Call it the battle of the uni-cabs.

While Uber has no problem sitting at the top of the global unicorn pyramid, with a valuation of $68 billion as of June 2016, the “cab” company had some reflexively unpleasant words to say about the private market’s attempts to value its key US competitor, Lyft, which as reported previously, has been trying to sell itself for the past several weeks. 

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