Techmeme

Results 381 - 390 of about 2304:

Eric Newcomer / Bloomberg:
Profile of Garrett Camp, the Uber co-founder who envisioned the idea of private cars for hire with an app and whose stake in Uber is now worth ~$3.7B   —  Garrett Camp envisioned cities full of private cars for hire with an app.  Travis Kalanick took it from there, and they both became wealthy beyond imagination.
May 10, 2019, 10:05 AMIn context
New York Times:
Uber prices its IPO at $45 per share, near the low end of its expected range, raising $8.1B and valuing the company at about $82.4B   —  The biggest Silicon Valley initial public offering in years turned out to be less lofty than expected.  —  Uber priced its public offering on Thursday at $45 a share …
May 9, 2019, 6:40 PMIn context
Caroline Spiezio / Law.com:
May 9, 2019, 5:25 PMIn context
Wall Street Journal:
Uber Prices IPO at $45 a Share   —  Ride-hailing company commands a valuation of about $82 billion  —  Uber Technologies Inc. priced its initial public offering at $45 a share, according to people familiar with the matter, near the low end of its expected range as the ride-hailing giant grapples …
May 9, 2019, 4:58 PMIn context
Ingrid Lunden / TechCrunch:
Heetch, which provides ride-sharing services across France and French-speaking Africa, raises $38M Series B led by Cathay Innovation and Total Ventures   —  With Uber just days away from going public, a small challenger has raised some funds of its own to take it and the rest of the field on in francophone markets.
May 9, 2019, 4:30 AMIn context
Reuters:
Interviews with 35+ Uber drivers in India reveal growing discontent with the platform, which has gradually removed its large incentives   —  MUMBAI/NEW DELHI (Reuters) - In 2016, Rajesh Raut started driving an Uber taxi in Mumbai, hoping he could earn more than the $215 he received each month for making flatbreads at a roadside stall.
May 8, 2019, 7:00 PMIn context
Joel Rosenblatt / Bloomberg:
Uber's IPO prospectus says 60,000+ US drivers have filed arbitration suits, which legal experts say will take decades to resolve and cost Uber $600M+   —  - IPO disclosure exposes costly, time-consuming backlog  — Is ride-hailing company about to ‘cry uncle’ due to demands?
May 8, 2019, 11:55 AMIn context
Johana Bhuiyan / Los Angeles Times:
Uber and Lyft drivers staged strikes in at least 10 US cities to protest against unfair pay ahead of Uber's much-anticipated IPO   —  It was a protest that dealt Uber its biggest blow.  When taxi drivers in New York City rallied against President Trump's travel ban in 2017 …
May 8, 2019, 10:05 AMIn context
Ingrid Lunden / TechCrunch:
Israeli B2B ride-hailing service Gett raises $200M in a mix of debt and equity at a $1.5B valuation, aims for an IPO by Q1 of 2020   —  As Uber gears up for an IPO, one of its smaller rivals has raised some money as it prepares to take its own turn on the public market.
May 7, 2019, 9:15 AMIn context
Vindu Goel / New York Times:
Electric motorbike startups in India such as Bounce and Vogo are competing with Uber and Ola by serving people who cannot afford current ride-hailing services   —  BANGALORE, India — In Uber's vision of the future, self-driving cars will whisk us everywhere, eliminating the need for its millions of human drivers.
May 7, 2019, 12:45 AMIn context

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