Uber unveils IPO with warning it may never make a profitUber Technologies Inc has 91 million users, but growth is slowing and it may never make a profit, the ride-hailing company said on Thursday in its IPO filing.
from Reuters: Business News https://reut.rs/2GhVHg0
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Tesla begins offering leases for Model 3Tesla Inc on Thursday started leasing out its Model 3 sedan in the United States, in a financing option that would increase the electric car maker's customer base.
from Reuters: Business News https://reut.rs/2GibnzS
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SoftBank picking its battles with U.S. national security committeeSoftBank Group Corp has agreed to give up board seats and access to sensitive information, take a more passive role in startups and make other concessions to get government clearance for its technology deals in the United Sta…Read More
Uber filing lists revenue gains, struggles of food businessUber Technologies Inc's restaurant delivery business has grown revenue to $1.5 billion in just three years, the company disclosed in its IPO filing on Thursday, dwarfing the revenue of its profitable, and already public, riva…Read More
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