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Uber's Downshift Could Save It a Stall

Uber Technologies is taking a more moderate approach to its public offering. That is good news, because the ride-hailing giant may need all the help it can get.

The race between Uber and Lyft to go public has been fast and furious. The two rivals filed confidentially for their respective initial public offerings within days of one another in December, but Lyft hit the tape first late last month. After much anticipation, Uber made its first IPO filing public on Thursday.

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