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 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 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.
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.
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.