Uber to price IPO at $45, valuing company at $82 bn: source
Uber was preparing a share offering that values the global ridesharing giant at up to $82 billion, a source familiar with the deal said Thursday.
Uber was preparing a share offering that values the global ridesharing giant at up to $82 billion, a source familiar with the deal said Thursday.
Business
May 9, 2019
0
7
Uber is set for its Wall Street debut Friday with a massive share offering that is a milestone for the ride-hailing industry and the so-called "sharing economy," but which comes with simmering concerns about its business ...
Business
May 9, 2019
0
5
Thousands of Uber and Lyft drivers turned off their apps in a US-wide strike Wednesday over pay and working conditions, casting a shadow over this week's keenly anticipated Wall Street debut of ride-hailing leader Uber.
Business
May 9, 2019
0
5
Companies that go public on the stock market provide an economic boost to the local communities where they're based, according to new research from Rice University's Jones Graduate School of Business.
Economics & Business
Apr 18, 2019
0
1
It seems not a day goes by without the appearance of another dire warning about the future of work.
Robotics
Mar 7, 2019
1
11
US prosecutors Thursday reached an $850 million settlement with Russia's leading telecoms firm over huge bribes paid to the family of Uzbekistan's former president—and charged the late leader's daughter in related proceedings.
Business
Mar 7, 2019
1
4
Spanish ride-hailing service Cabify said Wednesday it will return to Barcelona, a month after it suspended its services in Spain's second-largest city due to strict new regulations.
Business
Mar 6, 2019
0
9
Six years ago a major development was announced in South Africa. Billed as a game changer, it was meant to alter the urban footprint of Johannesburg, Africa's richest city, forever.
Environment
Mar 6, 2019
0
19
Top business leaders, lawmakers and others are urging Amazon chief executive Jeff Bezos to reconsider his decision not to move forward with plans for a new headquarters in New York, to build an "exciting future" for the city.
Business
Mar 1, 2019
0
10
Joanna Geary started off as a journalist in the U.K. and now lives in New York, where she is currently Twitter's director of curation. In that role, she's in charge of showing users everything from the day's biggest news ...
Business
Feb 3, 2019
0
7