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Uber's stock was up 2.4% at $42.22 in afternoon trading, but the shares have dropped 6% from the price set in the May 9 IPO amid investor worries over whether the company is able to make money.
The deals have spared Uber from losing billions of dollars and so far they have been sound investments, according to the ride-hailing company’s IPO filing. Uber has already seen some gains from ...
Internet-based ride-hailing company Uber isn't making money … and it may never make any money. As Uber prepares to go public, its drivers are on strike. It lost $3 billion last year. Stock in ...
Hacker News (HN) is a social news website focusing on computer science and entrepreneurship. It is run by the investment fund and startup incubator Y Combinator . In general, content that can be submitted is defined as "anything that gratifies one's intellectual curiosity."
The initial public offering for Uber is coming, and a lot of people are worried it will be a dud.Source: Shutterstock The trends aren't great. Bookings and revenue growth are slowing, while the ...
Y Combinator, LLC (YC) is an American technology startup accelerator and venture capital firm launched in March 2005 [1] which has been used to launch more than 4,000 companies. [2] The accelerator program started in Boston and Mountain View , expanded to San Francisco in 2019, and was entirely online during the COVID-19 pandemic. [ 3 ]
Owning UBER could bring benefits as well as drawbacks. Home & Garden. Lighter Side
Uber's 367-page prospectus includes 48 pages of risks. For premium support please call: 800-290-4726 more ways to reach us