Uber said to seek about $10B in year’s biggest IPO
By Bloomberg
10 April 2019 |
2:48 pm
Uber is said to be planning to publicly file for a listing as early as this Thursday. The global ride-hailing company is seeking to raise about $10B in the floatation which could value it as much as $120B.
Related
13 Nov 2020
“How can you do the right thing and still get punished for it,” laments Abuja-based restaurateur, as CORRUPT Federal Capital Territory Council personnel seal off her restaurant with staff and customers inside!
6 Dec 2020
Swiss voters have narrowly rejected stricter ethical rules for many global firms based in the Alpine republic. A separate poll calling on banks and pension funds to stop funding arms makers was also defeated.
7 Dec 2020
Political newcomers have it tough in a country where long-established families dominate the polls. The top presidential candidates in the December 7 election are all offspring of Ghana's independence-era "Big Six."
8 Jan 2021
African free trade bloc opens for business, but challenges remain. ... Backers say it will boost trade among African neighbours while allowing the continent to develop its own value chains. The World Bank estimates it could lift tens of millions out of poverty by 2035.
13 Jan 2021
With Qataris streaming into Saudi Arabia following the border re-opening, business owners in the al-Ahsa area say they are hopeful to see the economy boom again after "suffering economically" from the feud between Riyadh and Doha. Saudi Arabia shut its side of Qatar's only land border in June 2017 as part of a package of sanctions it said was a response to Doha's backing of radical Islamist groups and closeness to Iran. Qatar has always denied the charges.
12 Feb 2021
Disney's shares have rallied after the company reported better than expected results for its latest quarter. Sales came in at €16.2 billion, down 22 percent from the previous year, amid a continuing hit from the pandemic. But its streaming business Disney+ is continuing to grow as people stay home for longer, offsetting losses made at its theme parks that have suffered months of shutdown. Plus, as dining out is not an option for many couples this Valentine's Day, a handful of hotels in Brussels are offering quality time and fancy dinners for two – in guest rooms.
19 Feb 2021
Newly appointed World Trade Organization (WTO) director-general Ngozi Okonjo-Iweala said on Monday she doesn't want to see "business as usual" as she will need to broker international trade talks in the face of U.S.-China conflict, respond to pressure to reform trade rules and counter protectionism heightened by the COVID-19 pandemic
20 Feb 2021
This young Kenyan entrepreneur isn't sitting on a fortune. But that hasn't stopped her from starting her own business. Nowadays, she is successfully selling Hijabs.
18 Mar 2021
Uber will give workers' rights, including the minimum wage and holiday pay, to all of its more than 70,000 British drivers after the ride-hailing app lost a battle in the Supreme Court last month.
5 Apr 2021
Wigs made from human hair have become more popular in Cameroon in recent years. Stores are fully stocked with wigs in all different colors and styles. Suppliers import the hair mainly from India, Europe, and Middle East.
19 Apr 2021
Offering a shared pot of €3.5 billion to start with, the newly-proposed football competition known as the European Super League would divvy up revenue among a smaller group of elite clubs. We tell you more. Also, we take a look at the French government's plan to aid farmers reeling from this month's cold spell.
31 May 2021
Here are a few reasons to pick up a copy of The Guardian on Tuesday. Find these stories and much more when you grab a copy of The Guardian on Tuesday.
Latest
35 mins ago
Two months of nonstop bombardments, without medicine or enough food: A civilian spoke with DW about her rescue from a bunker in the Azovstal steel plant in Mariupol.
35 mins ago
President Hassan Sheikh Mohamud faces many challenges: From the fight against militant organization al-Shabab to a potential famine threatening millions of Somalis. Is he the right man for the job? DW takes a look.
53 mins ago
The Coordinating Secretary of the National Indigenous Nationalities Alliance for Self-Determination (NINAS), Tony Nnadi, was in The Guardian, where he spoke on the 2023 election and why it should not hold without changing the 1999 Constitution to reflect the aspirations of different nationalities that make up the federation.
1 day ago
Find these stories and much more when you grab a copy of The Guardian on Thursday.
1 day ago
After a White supremacist killed 10 Black residents of Buffalo, New York, various op-ed pieces in major American newspapers show that both Republicans and Democrats are accused of exploiting racial violence for political gain. We also take a look at Democratic candidate John Fetterman's landslide victory in a Senate primary election in Pennsylvania. We end with a public service announcement on the dangers of popping champagne (or prosecco) after shaking the bottle!
1 day ago
Japan's GDP fell at an annualised rate of 1 percent in the first three months of this year as the Omicron variant of the coronavirus hampered consumer spending. Rising commodity prices also weighed on businesses in the world's third-largest economy. Plus, as unemployment remains stable in France at 7.3 percent, a steelworks factory in the northern city of Dunkirk is offering a cash bonus to employees to encourage them to recruit family members.