Uber eyes valuation topping $100 bn in IPO: sources
Uber is eyeing a valuation above $100 billion for its much-anticipated share offering due in 2019, which would be the biggest-ever in the tech sector, sources familiar with the plan said Tuesday.
Uber is eyeing a valuation above $100 billion for its much-anticipated share offering due in 2019, which would be the biggest-ever in the tech sector, sources familiar with the plan said Tuesday.
Business
Oct 16, 2018
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A British union has called for a 24-hour strike of Uber drivers in London, Birmingham and Nottingham, putting up a "digital picket line" to demand better pay and conditions.
Business
Oct 9, 2018
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Uber agreed Wednesday to pay a $148 million penalty over a massive 2016 data breach which the company concealed for a year, in the latest effort by the global ridesharing giant to improve its image and move past its missteps ...
Business
Sep 26, 2018
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Singapore on Monday fined ride-hailing firms Grab and Uber $9.5 million for breaking competition rules when they merged, saying the deal had increased fares and thrown up roadblocks for competitors.
Business
Sep 24, 2018
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As urban planners, we have not been good at integrating land uses, such as homes, shops and offices, with our transport infrastructure. Thus many people find the nearest train or bus stop is too far too walk and too close ...
Business
Sep 21, 2018
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Chinese ride-hailing service Didi Chuxing said Tuesday it is launching service in Mexico's second-largest city, Guadalajara, expanding its presence in the country—and its challenge to market king Uber.
Business
Sep 18, 2018
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Drivers for the ride-hailing company Uber are frustrated over a glitch that is keeping them from being paid immediately.
Automotive
Sep 16, 2018
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The rise of digital ride-hailing company Uber and its clashes with traditional taxi services is often cited as one of the classic stories of digital disruption, but is the platform also helping keep passengers from getting ...
Business
Sep 12, 2018
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Ever since he stepped into his role as CEO a year ago, Dara Khosrowshahi has had to deal with wave after wave of major scandals and bad press, much of which he inherited from his predecessor, Travis Kalanick.
Business
Sep 6, 2018
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Uber said Thursday it has teamed up with a local taxi firm in Japan, as the ride-hailing service attempts to muscle its way into Asia's second economy.
Business
Sep 6, 2018
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