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Joshua Franklin / Reuters:
Uber's S-1 says the company had 91M average monthly active users, including for ride-hailing and Uber Eats, at the end of 2018, up 33.8% YoY   —  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 …
Apr 11, 2019, 7:40 PMIn context
Ruth Reader / Fast Company:
In its S-1, Uber says it will make a report public in 2019 on sexual assaults and other safety incidents claimed to have occurred on its platform in the US   —  As it prepares to go public, Uber says it is committing to more transparency around sexual assaults that happen on its platform.
Apr 11, 2019, 7:15 PMIn context
Jordan Novet / CNBC:
Uber's S-1 reveals that Uber paid Google ~$58M to use Google Maps from 2016-2018 and that Uber uses Google's public cloud in addition to AWS   —  - The two companies have a tangled history - Google was an early investor, but the companies fought a bitter court battle over self-driving technology.
Apr 11, 2019, 5:05 PMIn context
CNBC:
Uber files for an IPO, says it had $11.27B in revenue, up 42% YoY, and an EBITDA loss of $1.85B in 2018   —  - Uber will list on the New York Stock Exchange under the symbol “UBER,” the company said in a filing released publicly on Thursday.  — The company posted net income of $997 million in 2018 …
Apr 11, 2019, 4:18 PMIn context
Reuters:
Sources: Uber to sell ~$10B worth of stock at $90B-$100B valuation in IPO, will make S-1 public Thursday, begin roadshow late April, and start trading early May   —  (Reuters) - Uber Technologies Inc has decided it will seek to sell around $10 billion worth of stock in its initial public offering …
Apr 9, 2019, 9:45 PMIn context
Mike Butcher / TechCrunch:
Wayve claims its autonomous car relies only on AI, cameras, and GPS, unlike others such as Waymo that need HD maps, sensors, and hand-coded rules to drive   —  Projects like Google's Waymo, Uber, Cruise and Aurora are developing autonomous vehicles by throwing engineers at the problem …
Apr 3, 2019, 11:45 AMIn context
Jon Russell / TechCrunch:
Sources: Grab is considering spinning out its financial services business and is in talks with PayPal and Alibaba's Ant Financial over possible investments   —  Grab, the $16 billion-valued ride-hailing firm that acquired Uber's Southeast Asia business last year, is in talks with Alibaba's Ant Financial …
Mar 29, 2019, 11:10 AMIn context
CNBC:
Lyft prices IPO at $72 per share, which would value the company at over $20B and hit the top of its expected range   —  - Ride-hailing platform Lyft was funded early on by Peter Thiel's Founders Fund, Mayfield, K9 Ventures, Floodgate and others.  — Lyft is one of several aging start-ups expected …
Mar 28, 2019, 5:07 PMIn context
Joshua Franklin / Reuters:
Lyft raises its IPO price range from $62-$68 per share to $70-$72 per share, targeting a valuation of up to $24.3B   —  Joshua Franklin, Diptendu Lahiri  —  (Reuters) - Lyft Inc on Wednesday raised the price range for its initial public offering, as investors looked past …
Mar 27, 2019, 11:55 PMIn context
Brittany A. Roston / SlashGear:
Uber brings Ride Pass, its $14.99+/month service that locks in a flat fee for UberX and UberPool trips, to 20 more US cities, up from five at its October launch   —  Popular ride-sharing service Uber has expanded its Ride Pass into 20 more cities, the company has announced …
Mar 26, 2019, 6:40 PMIn context

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