Uber Inc.
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Economics
Uber unveils long-awaited IPO, expected to reach $100 billion valuation
Uber released its S-1 filing after the market close, placing in on track to go public with its anticipated May IPO.
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Today’s Pickup: Uber secures Middle Eastern dominance with Careem acquisition
Uber Technologies Inc. has confirmed reports that surfaced over the weekend about its acquisition of Middle East on-demand cab hailing rival Careem for $3.1 billion,…
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Uber buys Middle East rival Careem for $3.1 billion
Uber has confirmed speculations of its acquisition of Middle East on-demand cab hailing company Careem, with the company now becoming a wholly owned subsidiary of…
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Uber Freight unveils new features providing more personalized app experience for drivers
Uber Freight introduces three new features to its app, making it more customizable and intuitive, and helping drivers and carriers better manage their loads and…
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Uber Inc. unveils Powerloop: a trailer capacity company for carriers supplying power only
Uber Inc. has introduced Powerloop, an affiliate company to Uber Freight, which would rent out power-only trailers to carriers looking to grow their business and…
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Electric bike-sharing companies need to look at the Chinese bike debacle before aggressive expansion
China has toyed with the concept of bike-sharing but met with disastrous results due to an unsustainable business model and excessive dumping of bikes on…
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Uber sees a 38% yearly increase in gross bookings as it gears up to face competition
Uber Inc. has witnessed a largely satisfactory quarter this year, with it continuing its expansion across different markets and venturing into new territories like food-delivery…
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