Uber Technologies Inc. is an American multinational transportation network company (TNC) offering services that include peer-to-peer ridesharing, ride service hailing, food delivery, and a bicycle-sharing system. The company is based in San Francisco and has operations in 785 metropolitan areas worldwide. Its platforms can be accessed via its websites and mobile apps.
On Friday, Uber started trading in an initial public offering that valued the company at $75.5 billion. By the end of day Friday, the stock was trading down 6.7% off the $45 a share, where the company..
According to a report by Business Insider, on Wednesday, a strike by Uber and Lyft drivers served as a warning to the companies and their investors, pointing out a fundamental flaw in their businesses...
Top executives, early venture capitalists and board members stand to reap benefits from their stakes in Uber, the decade-old ride-sharing giant that went public on Thursday. But what about its drivers?
Credit: euronews (in English) Duration: 02:21Published
Uber CEO Dara Khosrowshahi was interviewed in the back of an Uber this week. The interview comes ahead of the company's impending initial public offering. One of the topics Khosrowshahi discussed was..
Uber drivers around the world are logging out of the company's app to protest its compensation policies. CNN reports the protest comes ahead of a blockbuster public offering. The strike action kicked..
Ride-hailing company Uber will unveil terms for its initial public offering on Friday, telling investors it will seek to be valued at between $80 billion and $90 billion, according to people familiar..