Page 24 - Uber

Uber bars former CEO Travis Kalanick from NYSE balcony during IPO

Kalanick co-founded Uber and was CEO until his ouster in 2017 following a series of damaging revelations that sullied the company's reputation among consumers.

How Khosrowshahi is grappling with Uber's past to execute a drama-free IPO

All IPOs are by nature unpredictable, but with Uber the possible outcomes seem especially extreme

Uber drivers plan 12-hr protest in 6 US cities over low wages ahead of IPO

The drivers' demands include employee benefit plans such as health care, holiday pay and representation in Uber's management structure

Which tech company is Uber most like? Its answer may surprise you

Is it Lyft, its rival North American ride-hailing firm? Nope. How about Didi Chuxing, Uber's equivalent in China? Nah. It's Amazon, the e-commerce giant

Uber sets terms for a $90-billion IPO, posts $1 billion loss in Q1

The valuation that Uber is seeking in its IPO is less than the $120 billion that investment bankers told Uber last year it could fetch

Uber's self-driving unit valued at $7.25 billion in new investment

SoftBank will invest $333 million from its $100 billion Vision Fund, while Toyota Motor Corp and automotive parts supplier Denso Corp will invest a combined $667 million.

Uber nears deal with Softbank-led group for self-driving car unit: Report

SoftBank, Toyota Motor Corp and Japanese auto-parts supplier Denso Corp are expected to invest a total of $1 billion as part of the deal, which could be announced in the next few days, the report said

Uber hints at serious cash burn to step up market share in India

Striking a note of caution, the cab aggregator has said it has been making significant investments in incentives and promotions to help drive growth in India

Uber unveils IPO with warning it may never make a profit

Uber set a placeholder amount of $1 billion but did not specify the size of the IPO

Uber unveils vouchers for businesses to sponsor customers' trips

Built on the Uber for Business (U4B) platform, product was beta tested with over 100 partners before being launched in India and other parts of the world

Uber plans to sell $10 bn worth of stock in IPO, seeks $100 bn valuation

An IPO of this size would make Uber one of the biggest technology IPOs of all time, and the largest since that of Chinese e-commerce giant Alibaba Group Holding Ltd in 2014.

Uber expects a long wait before self-driving cars can dominate the road

The progress of Uber's self-driving car unit is in the spotlight as the company prepares to kick off its initial public offering this year

Uber seals $3.1 billion deal to buy Dubai rival Careem this week: Reports

Uber said late on Monday night it would pay $1.4 billion in cash and $1.7 billion in convertible notes in a deal that gives it full ownership of Careem

Uber could seal $3-bn deal to buy Dubai rival Careem this week: Reports

Uber will pay $1.4 billion in cash and $1.7 billion in convertible notes, which will be convertible into Uber shares at a price equal to $55 per share

Uber Technologies picks NYSE for its mega initial public offering in April

The ride-hailing giant is expected to publicly file for its offering in April

Uber's self-driving unit may get $1-billion push from SoftBank, others

Ride-hailing company is in late-stage talks with SoftBank, auto maker and others

Consumers love food delivery. But restaurants and grocers hate it

Along with Kroger, Target Corp. and Walmart Inc. are spending billions of dollars to develop their own delivery systems. The retailers have seen their margins suffer in recent quarters as a result

Uber and Lyft said to offer drivers a chance to participate in IPOs

The millions of drivers who ferry passengers around for the services are independent contractors

Uber posts $50 bn in annual bookings as profit remains elusive ahead of IPO

Uber's revenue in the fourth quarter reached $3 billion, up 2 per cent from the third quarter and a 24 per cent increase over the previous year

Uber starts speed boat services in Mumbai, will link tourist destinations

The UberBoat services will start from February 1