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Uber valuation drops to $61 bn as shares slump after ill-fated IPO

TMT

13 May, 2019

Uber valuation drops to $61 bn as shares slump after ill-fated IPO

Uber Technologies Inc's shares fell 12% on Monday, more than doubling their losses since the ride-hailing giant's poorly received market ......

Uber files for IPO, warns it may 'never' make a profit

TMT

12 April, 2019

Uber files for IPO, warns it may 'never' make a profit

Uber Technologies Inc has 91 million users, but growth is slowing and it may never make a profit, the ride-hailing ......

How Lyft's stock slide could affect rival Uber's IPO

TMT

11 April, 2019

How Lyft's stock slide could affect rival Uber's IPO

Uber Technologies Inc may face a cooler reception from investors than expected when it prices its initial public offering next ......