The ride-hailing service could start making a profit sooner than anticipated, with 2020 dubbed the year of subscriptions by Uber’s CEO.
Casper Sleep has cut the price range for its IPO to $12-$13 a share, giving it a valuation befitting a mattress company and not a tech “unicorn”
Short Selling is essentially betting a stock will decrease in value in the future, however it’s a much riskier position than owning shares
Uber’s struggles look set to continue in 2020 as the ride-sharing company loses key markets, experiences more driver issues, and competition ramps up.
There was a lot of talk in 2019 about the failure of expensive unicorns to live up to their hype, but just how bad is the damage?
With ride-hailing companies such as Uber and Lyft continuing to decline in value as costs mount and profits fall, we ask: when, or even if, ride sharing can be profitable?
Uber’s ex-CEO Travis Kalanick has been in the press a lot lately as reports continue to emerge that he looks set to offload his entire stake in the ride-sharing giant.
A recent, unprecedented report from Uber revealed a disturbingly high number of violent and sexual crimes among its drivers and users, but it is nothing new.
The Five on Friday is a breakdown of the week’s biggest and best market news stories.
Uber will have to use London Bus from now on after the ride-sharing giant was stripped of its operating license in the city over security concerns.