The ride-sharing company changed the USA transportation landscape after it was founded in 2009 but has faced many controversies, including a lawsuit related to alleged sexual assaults committed by fake Uber drivers and a late March strike by Los Angeles drivers angered by low pay. Here are five things we learned from it. That number stood at 91 million in the fourth quarter of 2018, up from 68 million in the same period of 2017 A roster of 29 banks in total signed on to underwrite Uber's IPO Uber is putting aside $300 million to make a one-time cash payout to 1.1 million qualifying drivers Uber Chief Executive Officer Dara Khosrowshahi's compensation will be in part tied to Uber maintaining a full diluted equity value of $120 billion Entities affiliated with Softbank Group Corp. are Uber's largest shareholder with 16.3 percent of the company. Only $165 million in net revenue came from Uber Eats.
Uber had not disclosed the latest user numbers before, and the figure indicates the scale of the business.
Since its launch in 2009, it has aimed for global dominance of the ride-hailing industry through a cash-burning strategy of investor-subsidised fares and expanded its business in recent years to include food delivery, self-driving vehicles and alternatives to auto transport such as bikes and scooters.
Ride sharing behemoth Uber filed paperwork with regulators to go public on Thursday, after rival Lyft became the first to tap the markets in what is shaping up to be a banner year for technology initial public offerings. That profit was driven primarily by the sales of assets in Southeast Asia and Russian Federation, as well as an increase in the estimated value of its stock in China's largest ride-hailing company, Didi Chuxing.
As is the case for Lyft, Uber has so far been losing money. However, its shares dropped by more than 7 percent after Uber's valuation news hit the market.
Uber had $11.3 billion in 2018 vs Lyft $2.2 billion. Uber, however, posted an adjusted EBITDA loss of $1.85 billion in 2018. New York City taxi drivers experienced a major win in August 2018 when the city council said it would cap licensing new Uber and Lyft services for a year so the city could study ride-sharing services' effects on transportation.Читайте также: Barr: I need to explore spying on the Trump campaign
Uber has lost market share but remains the leader. It said it still suffered from a perception that Uber is a toxic place to work. Despite rides being Uber's original business and accounting for the vast majority of its sales, the company spends big chunks of its IPO document talking about everything else.
Uber said in its IPO document that people who take rides from the company and also use its restaurant delivery business did more trips than people who used just one of those services.
The company said in its filing that it meant to award cash bonuses to more than 1.1 million drivers in the United States.
Uber said it plans to give bonuses to qualified drivers and is setting aside an undisclosed portion of its stock for drivers to buy.
The biggest winners from Uber's public offering will be its founders and early investors, who own large chunks of company stock.При любом использовании материалов сайта и дочерних проектов, гиперссылка на обязательна.
«» 2007 - 2019 Copyright.
Автоматизированное извлечение информации сайта запрещено.
Код для вставки в блог