The IPOs of Uber and Lyft had significant impacts on their business strategies. The public offerings provided them with a substantial influx of capital, which they could use to expand their operations, invest in new technologies, and compete more effectively in the market. However, going public also brought increased scrutiny and pressure from shareholders to deliver profits, which may have influenced their strategic decisions. For Uber, the IPO might have accelerated its global expansion, while for Lyft, it could have reinforced its focus on the US and Canada markets.
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