Lyft Inc
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Uber prices IPO conservatively at $82.4 bn, hopes it will spare ride-hailing firm trading woes of rival Lyft
•The IPO still represents a watershed moment for Uber, which has grown into the world’s largest ride-hailing company since its start 10 years ago.
Uber CEO Dara Khosrowshahi, management team take IPO roadshow to New York as demand builds up
•Uber is set to price its $10 billion IPO on 9 May, seeking a valuation of up to $90 billion
Uber Technologies plans to sell around $10 billion worth of stock in IPO
•Most of the shares sold would be issued by Uber Technologies Inc, while a smaller portion would be owned by investors cashing out
Uber set to offer over $3 billion to acquire Dubai-based rival Careem Networks amid US firm's plans for maiden offer
•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.
Pinterest files IPO with regulators to tap into the market for new stock offerings
•Pinterest plans to list under the symbol “PINS” on the NYSE, set a placeholder amount of $100 million.
Ride-hailing firm Lyft Inc files for IPO with U.S. Securities and Exchange Commission
•Lyft Inc was last valued at about $15 billion, did not specify the number of shares it was selling or the price range for the offering in a confidential filing with the SEC.
Uber CEO Dara Khosrowshahi wants to use some of Waymo's self-driving car tech for his company
•Khosrowshahi said that Uber’s relationship with Waymo was “getting better” since Uber has agreed to pay Waymo $245 million.
Major US automakers urge Senate to take up stalled bill aimed at speeding up deployment and testing of self-driving cars
•The Senate bill would allow automakers to each sell up to 80,000 self-driving vehicles annually within three years.
Alphabet Inc's Waymo to dismiss three out of four patent claims filed against Uber Technologies
Fp Archives •Waymo said it would dismiss three out of four patent claims against Uber, while maintaining one patent claim over a circuit for its laser technology.
Taxify aim to win over Uber drivers by offering a larger share of the profit to them
Fp Archives •Taxify believes that by taking a smaller share of fares compared to Uber's 20-25 percent - it can steal market share from its San Francisco-based rival.