We’re not going to talk about Uber’s losses here, even though the amount of money the company loses ($3.0 billion in 2018) is astonishing. Everyone knows Uber loses money. At this point, the amount of ...

Uber was already the biggest high-profile IPO bust in recent memory. And it only got worse on Monday. Shares of Uber fell nearly 11% for the day following a dismal debut Friday. The stock is now down ...

"We are just getting started. We believe that Uber is on track to becoming a multi-decade, multi-giant company and a world-changing organization. We are moving fast to grow our platform, scale our ...

NEW YORK (Reuters) - Uber Technologies Inc has 91 million users, but growth is slowing and it may never make a profit, the ride-hailing company said on Thursday in its IPO filing. The document gave ...

Uber was once the most-valued startup ahead of its 2019 IPO. The ride-hailing company's stock hasn't budged much, weighed down by several factors, Get special access to three exclusive "Top 10 Stocks" ...

Uber is now on the IPO calendar. Pricing the week of May 6, the most notable US unicorn plans to raise $8.5 billion at a diluted market cap of $85.7 billion. Eight other companies also launched, ...

It's Uber's second round of big layoffs in little more than a month. Uber lays off 400 marketing people in drive toward profitability The company, which has almost 25,000 employees worldwide, ...

Instacart filed to go public last week, providing lots of data for investors to digest. Its advertising business is bigger than Uber's despite its small user base and transaction volume. Instacart has ...

Today’s Uber initial public offering is one of the most hotly anticipated in recent years. The IPO is expected to value the controversial ridesharing company at $82 billion — the biggest market debut ...

The ride-hailing industry is at the peak of the hype curve, and both Uber and Didi are using it successfully. As autonomous cars are expected to take off soon, Uber starts to benefit from the buzz ...