Uber prices IPO conservatively at $82.4 bn, hopes it will spare ride-hailing firm trading woes of rival Lyft
• 6 years agoThe 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
• 6 years agoUber 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
• 6 years agoMost 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
• 6 years agoUber 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
• 6 years agoPinterest 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
• 6 years agoLyft 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
• 7 years agoKhosrowshahi 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
• 7 years agoThe 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 • 8 years agoWaymo 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 • 8 years agoTaxify 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.