Uber's market debut sours most anticipated IPO since Facebook; only about a fifth of IPOs have ended first day of trading in red
Uber's IPO was a watershed moment for the decade-old company, which was started after its founders struggled to find a cab on a snowy night.
Investment deal with Uber yet to be finalised; will depend on shares offered and its price: SoftBank
Uber had said funds from SoftBank, subject to the closure of the deal, would help the US-based startup fuel investments in technology and expansion in its home market as well as other countries.
Started in 2014 as a small delivery pilot in Los Angeles, UberEATS was later launched as a separate mobile app in Toronto in December 2015.
Privately held Uber has grown from startup to a global ride service valued at $68 billion in less than a decade.