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The ride-sharing company could become the largest IPO of all-time (Bloomberg) — Uber Technologies Inc. has recently received proposals from banks for an initial public offering valuing the ride-hailing.....»»

Uber said total monthly bookings, including food delivery and passenger service, reached an all-time high in March. Last week, Uber announced $250 million in sign-up .....»»

Uber and Lyft have racked up tens of billions of dollars in losses, but cost-cutting and shifting focus from moving people to delivering food has helped them weather the pandemic downturn. Each could finally make a profit .....»»

Walgreens Boots Alliance said it's made a deal with Uber Technologies Inc., with the San Francisco ride-sharing company delivering free rides to people getting Covid-19 vaccinations at Walgreens locations. Deerfield-based Walgreens (Nasdaq:.....»»

Uber is in negotiations to buy Grubhub in an all-stock deal, potentially giving the ride-sharing company's delivery arm Uber Eats a leg up in the crowded U.S. food delivery market. Gloria Tso reports......»»

Ride-sharing firm Uber posted a fourth fiscal quarter net loss of $1.70 per share and $3.54 billion in revenue. The consensus estimates called for a net loss of $0.83 per share and $3.51 billion in........»»

InvestorPlace - Stock Market News, Stock Advice & Trading Tips With fear price.....»»

Why are these ride-sharing rivals Uber and Lyft making a run in the midst of this coronavirus pandemic? At one of them, things look to be turning around......»»

The biggest ride-sharing and food-delivery companies in the U.S. are in talks to set up a fund to compensate drivers affected by the novel coronavirus, a step that highlights the pressure they face to provide workers with broader employment protections......»»

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Uber (UBER) earnings for the ride-sharing service.....»»

Uber Technologies reported fourth-quarter financial results after markets closed Monday. The ride-sharing firm posted a net loss of $0.64 per share and $4.07 billion in revenue, compared with........»»

Shares of Uber Technologies Inc. rose 1.9% in premarket trading Tuesday, after a bullish call from analyst Eric Sheridan at UBS, saying the ride-sharing company checks each key theme and investing opportunity that he has identified for the i.....»»

A federal judge ruled in favor of the California Trucking Association on Thursday, granting a preliminary injunction against the implementation of gig worker law AB 5. AB 5, the recently enacted California law that seeks to turn a wide swath of contracto.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

The Egyptian authorities have approved the San Fransisco-based ride-sharing company Uber Technologies Inc.'s (NYSE: UBER) bid to acquire middle-east rival Careem Inc. 0 read more.....»»

Ride-sharing company Uber Technologies Inc. (NYSE: UBER) co-founder Travis Kalanick sold about 12.7 million shares he owned in the company last week, according to a public filing 0 read more.....»»

Justin Sullivan/Getty Images Uber's co-founder and former CEO Travis Kalanick continues to cash out his stake in the ride-hailing company, selling off close to $166 million worth of shares this week.  The ousted chief executive has sold off a littl.....»»

Reuters Uber is set to lose just over $1 billion from its market cap after the ride-sharing company said that roughly 6,000 sexual assault cases took place in its cars over the last two years.  At 5 a.m. in N.....»»

Reuters Uber is set to lose just over $1 billion from its market cap after the ride-sharing company said that roughly 6,000 sexual assault cases took place in its cars over the last two years.  At 5 a.m. in N.....»»

The ride-sharing company is priced as if it will have immense pricing power; the reality is that the industry is headed toward commodity pricingRelated Stocks: UBER, LYFT, AMZN, NFLX, GRUB,.....»»