A fare war between Uber and Lyft has led to billions of dollars in losses for both ride-hailing companies as they fight for passengers and drivers.
Business
May 11, 2019
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10
Uber shares skidded Friday in a disappointing Wall Street debut following a massive public offering from the global ride-hailing giant.
Business
May 10, 2019
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9
Uber's next stop is the stock market, where it hopes to pick up more investors willing to bet on a ride-hailing market brimming with potential and conspicuously lacking in profits.
Business
May 10, 2019
0
4
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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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
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5
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
0
5
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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8
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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5
Uber is aiming to make its stock market debut at a share price that would value the leading ride-share startup between $80 billion and $90 billion, Bloomberg reported on Thursday.
Business
Apr 26, 2019
0
6
