uber stock

Uber Will Introduce Their Drone Food Delivery System ‘Uber Eats’ This Summer
June 13th, 2019

Uber wants to expand not only to autonomous taxis, but also to food deliveries by drone. Recently Uber successfully tested their drones by delivering a McDonalds Big Mac and want to introduce the society as well this summer in San Diego, California.

Uber is One Of the Worst Performing IPOs in Last 40 Years
May 11th, 2019

Uber went public Thursday night at $45 a share, which was near the low end of its expected range. The pricing gave the company an initial valuation of $75.5 billion — well below the $120 billion figure investment bankers were talking about last fall.

Uber’s IPO Filing Discloses $1.8B Loss, Raising Worries
April 13th, 2019

Uber out-paced its rising competitor Lyft by more than $9 billion in revenue and at least 60 million users. That all could be seen from Uber’s S-1, the company has filed its IPO paperwork with the Securities and Exchange Commission on Thursday.

Here’s How Uber’s $10B IPO Will Cash In on Lyft’s Failure
April 11th, 2019

Uber Technologies Inc announced that they will seek to sell around $10 billion (£7.7 billion) worth of stock in its initial public offering, and will make public the registration of the offering on Thursday.

Softbank Invests $1B into Startup Nuro While Uber and Lyft Get IPO Feedback from the SEC
February 12th, 2019

Autonomous technology startup Nuro said on Monday it raised $940 million from SoftBank Group Corp, which valued the Silicon Valley-based company at $2.7 billion.