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Transit Startup Via Is Said to Work With Goldman on U.S. IPO (3)

June 18, 2021, 2:47 AM

Via Transportation Inc., which competes with Uber Technologies Inc. in some cities, is planning to go public in the U.S., according to people with knowledge of the matter.

The company is working with Goldman Sachs Group Inc. on the planned initial public offering, the people said, asking not to be identified discussing private information. A listing could happen in six months to a year, the people said.

The company, founded in 2012, also considered a merger with a special purpose acquisition company, or SPAC, but decided to pursue an IPO instead, the people said.

A Via spokesperson declined to ...