Uber Technologies raised $8.1-billion in its initial public offering after pricing shares near the bottom of their marketed range.
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Uber Technologies is seeking to raise as much as $9-billion in an initial public offering that could give the ride-hailing giant a market valuation of as much as $84-billion.
Investors could get their first look at hundreds of pages of detailed information about Uber Technologies as soon as Thursday, as the ride-hailing giant gears up to publicly file for an initial public offering.
Uber Technologies has selected the New York Stock Exchange for its imminent initial public offering, handing the trading floor what could be one of the five biggest listings of all time, a source says.
Uber Technologies has joined rival Lyft in filing for an initial public offering, according to a person familiar with the matter.
Uber Technologies has been told by banks that it could be a $120-billion company when it goes public. Investors will be the ones who decide, though.
Reports from the International Labour Organisation and the JPMorgan Chase Institute describe the plight of gig-economy workers who struggle to make even their countries’ minimum wage toiling for giant tech platforms.
The first US commercial ride-hailing service without human drivers has been approved. Waymo, a unit of Google parent Alphabet, got a permit in late January from the Arizona department of transportation to operate as a
Uber Technologies’ incoming CEO, Dara Khosrowshahi, inherits an embattled global business with crises sprawling across continents. Since Uber’s founding in 2009, the San Francisco-based company has tested the world’s
Lyft drivers have accused Uber Technologies of illegally tracking their whereabouts using spyware code-named Hell to gain a competitive edge in the ride-hailing market. Uber engaged in “illegal, surreptitious and