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Uber
Uber’s UK ruling could have implications for gig economy startups
February 18, 2021The UK’s Supreme Court has rejected Uber’s appeal against an earlier ruling that said its drivers must be classed as workers, a result that will impact other gig economy companies.Article
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Uber
Uber looks beyond ridehailing with $500M freight business boost
October 1, 2020Uber’s latest $500 million stake sale in its freight unit is a sign toward the future as it grapples with plunging ridehailing revenue hampered by the pandemic.Article
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Foodtech
Uber’s pursuit of Grubhub could be a sign of consolidation to come
May 11, 2020The pandemic is driving a growing hunger for food delivery apps.Article
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Micromobility
Uber reimagines bet on scooters, leads $170M investment in Lime
May 6, 2020Lime has raised $170 million in a round led by Uber, giving the electric scooter startup a much-needed breather to manage pandemic-fueled losses.Article
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WeWork
Adam Neumann’s potential WeWork ouster echoes Travis Kalanick’s end at Uber
September 22, 2019A founder builds a startup into the most valuable VC-backed company in the US. As a wave of controversy overwhelms the business, investors push for a new CEO. We’ve been here before.Article
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Uber
Uber hemorrhages $5.2B in 2Q amid volatile day for ridehailing
August 7, 2019Optimistic investors spent Thursday driving up the price of shares in Uber in anticipation of the company’s 2Q earnings. Once the results arrived, though, it was a very different story.Article
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Big Things
12 big things: Uber’s layoffs, Lyft’s loss & Beyond Meat’s nosedive
August 3, 2019Post-IPO problems at Uber, Beyond Meat and Lyft join meal-delivery mergers and WeWork’s gambles in our recap of the week.Article
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Uber
Two top Uber execs depart in post-IPO surprise
June 6, 2019Uber’s chief operating officer and chief marketing officer have stepped down, according to an internal email from CEO Dara Khosrowshahi obtained by Bloomberg.Article
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Ridehailing
Why Uber vs. Lyft is more about total addressable market than market share
May 21, 2019Lyft’s tumbling stock has quickly gone from a big problem to a bigger one, with multiple class-action lawsuits alleging the company, among other things, provided misleading market share data. Alleged impropriety aside, focusing on market share probably isn’t the best way to compare Lyft and Uber.Article
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IPO
Slack updates public during Investor Day while Uber and Lyft tank
May 12, 2019Enterprise messaging platform Slack and its CEO Stewart Butterfield (pictured) pitched to the investing public ahead of the company’s NYSE debut; meanwhile, Uber and Lyft continued to slide.Article
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Big Things
11 big things: The winners of Uber’s IPO
May 11, 2019The arrival of the ridehailing company’s endlessly awaited IPO joins investments in vice and a biotech boom in our recap of the week.Article
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Uber
Uber bleeds in public debut as stock slips nearly 8%
May 9, 2019In the wake of its long-awaited IPO, Uber saw the price of its shares tumble during its first day trading. We’ve got more details on the offering—and what it all means.Article
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Uber
Uber eyes IPO price at midpoint or lower amid tumultuous week
May 7, 2019On the same day that stock in rival Lyft approached a new low, reports emerged that Uber could continue to dial back plans for its monster IPO.Article
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Uber
Disruption, scandal and VC billions: Detailing Uber’s journey to Wall Street [interactive datagraphic]
April 29, 2019Uber has priced its shares near the low end of its price range at $45 apiece. Here’s a look at the company’s journey from founding to the public markets.Article
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Big Things
11 big things: Slack’s S-1 & Uber’s shrinking expectations
April 27, 2019Major filings from Slack and Uber join a star-crossed robot, hostilities in the Permian Basin and much more in our recap of the week.Article
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Uber
Uber could raise $8.5B with downsized IPO range
April 25, 2019Uber has officially unveiled a price range for its upcoming IPO for the first time—and the numbers aren’t quite as high as its investors once hoped.Article
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Uber
Lyft pulls 3,000 e-bikes; Uber’s micromobility now in focus
April 14, 2019As Lyft announced it had pulled 3,000 e-bikes due to braking issues, Uber’s S-1 revealed more about its Jump bikes and other short-distance travel. Here’s how each company could approach the future.Article
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Big Things
10 big things: Uber’s exercise in excess
April 13, 2019Uber’s supersized IPO is just around the corner. That joins Blackstone’s political hires, an energy mega-merger and more in our recap of the week.Article
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