uber officially filed for its initial public offering Thursday giving investors a detailed look at its finances and bringing the ride hailing service a step closer to one of the biggest tech stock listings of all time Reuters correspondent Carl o'donnell reviewed the filing this is going to be the largest IPO so far this year one of the largest IPOs in history revealed for the first time the total number of users on the platform ninety one million substantially larger than competitors like...
they are going to trade better than their peer left did a lift IPO would last month and it's been trading below its IPO price of big disappointment for a much sought after and very fast growing company over is going to need to explain the given its size given its diversity it's it's a substantially better bet for investors both companies have the same problem losses who were lost three billion dollars in twenty eighteen list losses meanwhile swelled to more than nine hundred million...
TV Yet Uber’s “business” model is a study in slave labor: getting rich off the backs of the drivers who do not take home a fair share of the fare.
TV Brining one of the biggest Ponzi scheme from out of the shadows like the cockroach Uber is. Anyone that invests in Uber or Lyft is ok with unsafe rides and exploiting labor.
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Women sue Uber for not warning of sexual assaults by fake drivers3 women in California who say they were raped by men posing as Uber drivers have filed a lawsuit against the company claiming they were not warned about fake rideshare drivers targeting women leaving bars and nightclubs in the Los Angeles area. They were given license place, make, model, a photo and a name. It’s unfortunate what happened to them but they didn’t utilize the protections put in place. I sympathize with them but I don't see how Uber is responsible when it wasn't a real uber driver. Always Always I tell my daughter check the license plate number. Think about this premise. Uber is supposed to know? I thought Uber gives you driver info and it is up to you to confirm before you get in the car, is that correct. So should you sue yourself for not paying attention?
Source: NBCNews - 🏆 10. / 86 Read more »
Factbox: Four measures to watch for in Uber's IPO filingUber Technologies Inc's initial public offering (IPO) filing on Thursday wi... After 7 hours today and I haven't paid for gas yet
Source: Reuters - 🏆 2. / 97 Read more »
Lyft's stock slide casts long shadow on Uber's IPOUber Technologies Inc may face a cooler reception from investors than expected w... Folks, it still isn't too late to short Lyft.
Source: Reuters - 🏆 2. / 97 Read more »
Uber, ahead of IPO, sees some time before self-driving cars dominate the roadSelf-driving cars won’t take over the roads anytime soon, the chief scientist of Uber's autonomous vehicle unit says at a Reuters Newsmaker event Everyone knows they will never make a profit 🙄 How exciting! The bringers of the desert otherwise known as the 'gig economy' now want squeeze out its labor force to increase profitably. Golly, will any of those savings will be passed along to the consumers? I wonder... Youngest chief scientist not named by self/founder I've seen at a company that size. Is she a mega genius or what?
Source: Reuters - 🏆 2. / 97 Read more »
Uber unveils IPO with warning it may never make a profitUber Technologies Inc has 91 million users, but growth is slowing and it may nev... reutersf It very likely won’t ever make a profit. Pricing is heavily subsidized by private equity investors today and barriers to entry are low. reutersf ONE HUNDRED BILLION valuation 🤣🤣🤣 it seems like some kind of fraud to me. The only hope is that some other mug is prepared to buy the shares at an even higher price. reutersf Why would anyone invest in a company with no reasonable expectation of ever making a profit? Really reminds you what a gambling pit the stock market really is.
Source: Reuters - 🏆 2. / 97 Read more »
Exclusive: Uber plans to sell around $10 billion worth of stock in IPO - sourcesEXCLUSIVE: Uber plans to sell around $10 billion worth of stock in its initial public offering - sources by ReutersJF CarlODonnell26 JF CarlODonnell26 Better to put your money into magic beans than a loss making company JF CarlODonnell26 Woof. Not the best IPO... JF CarlODonnell26 More like Ewww-ber.
Source: Reuters - 🏆 2. / 97 Read more »
Factbox: How Uber and Lyft compare on key financial metricsUber Technologies Inc’s initial public offering filing on Thursday contains data...
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Uber scientist says some time before self-driving cars dominate the roadUber Technologies Inc believes it will take a long time for self-driving cars to... People already drive like they're trying to dominate the road, last thing we need is robots doing the same. Wait. Uber scientists? I prefer western bullet trains
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Uber officially files for initial public offeringUber Technologies Inc. officially filed for an initial public offering with the Securities and Exchange Commission on Thursday afternoon, setting up one of...
Source: MarketWatch - 🏆 3. / 97 Read more »
Uber may owe another $227 million to Google for awards related to Uber vs. WaymoFormer Google employees Anthony Levandowski and Lior Ron were found jointly liable by an arbitration panel on late March, according to Uber's S-1.
Source: BusinessInsider - 🏆 729. / 51 Read more »