Although more than several startups have announced going public in 2019, which includes prominent tech companies such as Airbnb, Pinterest and Palantir, the rivalry between the upcoming Lyft IPO and Uber IPO appears to be the most talked about topic when it comes to expecting new IPO arrivals in 2019.

While Uber is leading in value estimates, representing one of the biggest upcoming public offerings with 120 billion dollars-worth IPO in accordance with estimates provided by JP Morgan and Goldman Sachs, Lyft appears to be attracting a great dose of interest among investors as it is biting into Uber’s market share.

Lyft vs Uber: Ridesharing Startups Competing with the Upcoming IPOs in 2019

What provides Lyft with a slight advantage is the fact that the IPO of this ridesharing company will be out already by the end of March, while Uber yet has to confirm the exact date of the issuance of their IPO.

However, while Lyft is valued at 2.2 billion dollars ahead of its IPO, Uber is said to have been evaluated at 120 billion dollars, 50 billion over the initial estimated value after announcing IPO preparation, potentially making it the biggest listing the market have seen by far.

At the same time, while Uber is present on the international level, outside US and in Europe, Lyft is operating only in the US and Canada, which can be a great advantage for Lyft as the company may focus on widening their share in the US market. According to Lyft and the third-party sources they have provided within their report, Lyft makes up for 39% of market share in ridesharing industry, which witnesses how fast Lyft is growing.

With the upcoming IPO, Lyft will be able to get an advantage in oppose to the ridesharing giant, Uber, despite the fact that the value of Uber’s IPO stands at 120 billion dollars.