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Uber CFO Nelson Chai Plans to Step Down in Most Senior Executive Exit Since IPO: Report
Uber Technologies Chief Financial Officer Nelson Chai is planning to leave the ride-hailing company, Bloomberg News reported on Monday, citing people familiar with the matter. Chai reportedly informed Uber CEO Dara Khosrowshahi of his intentions to move on, though a decision on the timing of his departure hasn't been made.
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Paytm IPO Subscribed 48 Percent as Firm Heads Into Last Issue Day, Garners Bids for 23.5 Million Shares So Far
Paytm's IPO of up to Rs. 18,300 crore was subscribed 48 percent on the second day of the issue period, receiving bids for 23.5 million shares, stock exchange data showed.
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Didi Chuxing Gunning For $70 Billion IPO Valuation
Didi has also been focusing on the development of electric vehicles and autonomous driving technology.
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Paytm Seeks Shareholder Approval for Rs. 12,000-Crore Sale of New Stock in What Could Be India’s Largest IPO
Paytm is seeking shareholder approval to sell up to Rs. 12,000 crores in new stock in what could be the country's biggest-ever initial public offering at a total of $3 billion (roughly Rs. 22,170 crores).
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Tencent-Backed Start-Up Preps For World's Biggest Tech IPO Since Uber
The short video startup, backed by Tencent Holdings, is selling 365 million shares at HK$105 to HK$115 each, according to terms of the deal obtained by Bloomberg News
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Russian Search Giant Yandex Has Spun Off Its Self-Driving Car Unit MLU-BV
Dimitry Polishcuck remains the CEO of MLU-BV which is now solely focussed on self-driving technology.
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"Need To Operate More Effectively, Efficiently", Uber CEO Tells Employees
Tech IPOs have long been viewed as a boon for Silicon Valley workers, ushering in a new era of corporate stability and stock-driven wealth.
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Uber Posts $1 Billion Loss in First Earnings Report After IPO
Uber reported a $1 billion loss as the ride-hailing service spends heavily to build up its food delivery and freight businesses, sending revenues up 20% in its first quarterly report as a public company.
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Uber's Losses Reach Double Digits in IPO Debut Debacle
Uber shares extended the free-fall on Monday following a rocky debut after launching the biggest initial public offering of the year.
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Uber Tumbles in Disappointing Stock Market Debut
ber had considered going public for at least four years. Yet the ride-hailing company picked a week for its IPO plagued by market turbulence fuelled by US-China trade worries.
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Uber Set to Debut on NYSE, Under Pressure to Avoid Lyft Debacle
Uber will begin life as a public company on Friday, under pressure to start trading strongly after conservatively pricing its initial public offering.
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Uber Offers Shares At $45 Apiece In IPO, Company Valued At $82 Billion
Shares will be priced at $45 for the IPO, valuing the start-up at more than $82 billion, according to a filing with the US markets regulator. San Francisco-based Uber was set to begin trading on the New York Stock Exchange under the eponymous ticker "UBER" in one of the largest initial public offerings in the tech sector.
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Uber Valued at $82 Billion in IPO as Market Jitters, Lyft Woes Weigh
Uber priced its IPO at the low end of its targeted range for a valuation of $82.4 billion.
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Food Delivery, Freight And Logistics: How Uber Aims To Move Things Around The World
Uber's biggest competitor isn't rival ride-hailing service Lyft, analysts say, but Amazon, which moves goods all over the world. It has budding businesses such as freight forwarding, food delivery and even package delivery.
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Indian Drivers Face The Heat As Uber Plans IPO
As Uber drivers planned a global strike on Wednesday ahead of the ride-hailing giant's massive initial public offering (IPO), Uber drivers in India said they are facing the heat as cash incentives have considerably gone down while work hours have gone up. Drivers in cities like Los Angeles, New York City, London and Tokyo were to join the strike an...
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Uber CFO Nelson Chai Plans to Step Down in Most Senior Executive Exit Since IPO: Report
Uber Technologies Chief Financial Officer Nelson Chai is planning to leave the ride-hailing company, Bloomberg News reported on Monday, citing people familiar with the matter. Chai reportedly informed Uber CEO Dara Khosrowshahi of his intentions to move on, though a decision on the timing of his departure hasn't been made.
-
Paytm IPO Subscribed 48 Percent as Firm Heads Into Last Issue Day, Garners Bids for 23.5 Million Shares So Far
Paytm's IPO of up to Rs. 18,300 crore was subscribed 48 percent on the second day of the issue period, receiving bids for 23.5 million shares, stock exchange data showed.
-
Didi Chuxing Gunning For $70 Billion IPO Valuation
Didi has also been focusing on the development of electric vehicles and autonomous driving technology.
-
Paytm Seeks Shareholder Approval for Rs. 12,000-Crore Sale of New Stock in What Could Be India’s Largest IPO
Paytm is seeking shareholder approval to sell up to Rs. 12,000 crores in new stock in what could be the country's biggest-ever initial public offering at a total of $3 billion (roughly Rs. 22,170 crores).
-
Tencent-Backed Start-Up Preps For World's Biggest Tech IPO Since Uber
The short video startup, backed by Tencent Holdings, is selling 365 million shares at HK$105 to HK$115 each, according to terms of the deal obtained by Bloomberg News
-
Russian Search Giant Yandex Has Spun Off Its Self-Driving Car Unit MLU-BV
Dimitry Polishcuck remains the CEO of MLU-BV which is now solely focussed on self-driving technology.
-
"Need To Operate More Effectively, Efficiently", Uber CEO Tells Employees
Tech IPOs have long been viewed as a boon for Silicon Valley workers, ushering in a new era of corporate stability and stock-driven wealth.
-
Uber Posts $1 Billion Loss in First Earnings Report After IPO
Uber reported a $1 billion loss as the ride-hailing service spends heavily to build up its food delivery and freight businesses, sending revenues up 20% in its first quarterly report as a public company.
-
Uber's Losses Reach Double Digits in IPO Debut Debacle
Uber shares extended the free-fall on Monday following a rocky debut after launching the biggest initial public offering of the year.
-
Uber Tumbles in Disappointing Stock Market Debut
ber had considered going public for at least four years. Yet the ride-hailing company picked a week for its IPO plagued by market turbulence fuelled by US-China trade worries.
-
Uber Set to Debut on NYSE, Under Pressure to Avoid Lyft Debacle
Uber will begin life as a public company on Friday, under pressure to start trading strongly after conservatively pricing its initial public offering.
-
Uber Offers Shares At $45 Apiece In IPO, Company Valued At $82 Billion
Shares will be priced at $45 for the IPO, valuing the start-up at more than $82 billion, according to a filing with the US markets regulator. San Francisco-based Uber was set to begin trading on the New York Stock Exchange under the eponymous ticker "UBER" in one of the largest initial public offerings in the tech sector.
-
Uber Valued at $82 Billion in IPO as Market Jitters, Lyft Woes Weigh
Uber priced its IPO at the low end of its targeted range for a valuation of $82.4 billion.
-
Food Delivery, Freight And Logistics: How Uber Aims To Move Things Around The World
Uber's biggest competitor isn't rival ride-hailing service Lyft, analysts say, but Amazon, which moves goods all over the world. It has budding businesses such as freight forwarding, food delivery and even package delivery.
-
Indian Drivers Face The Heat As Uber Plans IPO
As Uber drivers planned a global strike on Wednesday ahead of the ride-hailing giant's massive initial public offering (IPO), Uber drivers in India said they are facing the heat as cash incentives have considerably gone down while work hours have gone up. Drivers in cities like Los Angeles, New York City, London and Tokyo were to join the strike an...
