It’s not only earning seasons, it’s IPO season. This year is already seeing a wave of new Tech IPOs. After Lyft, Uber‘s turn is coming. We can consider Uber a technology company for sure and its valuation is straight in line with tech unicorn valuations.
In Montreal, after the failure of Teo Taxi, Uber is the only taxi option with a decent app. But don’t despair, Lyft is supposed to be coming this year and Pierre-Karl Peladeau is buying Taxelco (including Two assets). This should help the consumer looking for better taxi options in Montréal.