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
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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
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A loose network of ride-hailing drivers took to the streets without their cars from San Diego to Atlanta on Wednesday as they protested ahead of Uber's highly anticipated initial public offering, which is scheduled for Friday.
Business
May 9, 2019
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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
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Some drivers for ride-hailing giants Uber and Lyft turned off their apps Wednesday to protest what they say are declining wages at a time when both companies are raking in billions of dollars from investors.
Business
May 8, 2019
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Rideshare drivers in major US cities were set to stage a series of strikes and protests Wednesday, casting a shadow over the keenly anticipated Wall Street debut of sector leader Uber.
Business
May 7, 2019
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A Swiss court has ruled that a former Uber driver was an employee of the ride-sharing firm, not an independent contractor, in a potentially landmark decision, the driver's lawyer said Monday.
Business
May 6, 2019
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Global ride-sharing firm Uber on Friday faced another legal bump on the road to its blockbuster initial public offering, with taxi drivers launching a class action lawsuit in Australia.
Business
May 3, 2019
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Riders in Denver will soon be able to buy tickets for public transportation using the Uber app, the latest step on the ride-hailing company's mission to become a one-stop shop for transportation.
Business
May 2, 2019
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Uber pulled back on its ambitious valuation target Friday for its Wall Street debut, while still pricing its share offering in a range that would make it one of the largest in recent years in the tech sector.
Business
Apr 26, 2019
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