Uber, Lyft to offer drivers shares in stock market listing

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Uber Technologies was reportedly planning such awards for a 'significant' portion of its 3 million drivers.

Uber’s logo is displayed on a mobile phone in London, Britain, Sept 14, 2018.

Under Lyft Inc’s plans, drivers who have completed at least 10,000 rides on the platform will get $1,000 and those who have logged 20,000 rides as much as $10,000, the paper said. Wall Street analysts have estimated Lyft could be valued at between $20 billion and $30 billion in the IPO, and Uber at around $120 billion.

 

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