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Business

Uber Is Said to File for an IPO as It Races Lyft to a Public Debut

FILE -- An Uber car and a taxi during rush hour traffic in Times Square in New York, Aug. 1, 2018. Uber Technologies has confidentially filed paperwork with the Securities and Exchange Commission for an initial public offering this week, according to two people familiar with the matter. The offering, which is expected to be a hotly anticipated debut, puts the ride-hailing service neck and neck with its rival Lyft in a race to the public markets. (Damon Winter/The New York Times)