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Uber could be worth $US120b - but warns it may never make a profit

Uber could be worth $US120b - but warns it may never make a profit

It is one of the most eagerly-awaited IPOs of the year, but Uber has sent a warning to investors.

  • by Joshua Franklin

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Uber seeks about $14 billion in this year's biggest IPO
Sharemarket

Uber seeks about $14 billion in this year's biggest IPO

The offering is expected to be the largest sharemarket listing on Wall Street this year and among the 10 largest of all time.

  • by Eric Newcomer and Olivia Zaleski
Uber introduces five-star safety ratings for all cars
Uber

Uber introduces five-star safety ratings for all cars

All new vehicles signed up for the Uber ride share app will need to have a five-star safety rating from October, according to an email sent to drivers.

  • by Julie Power
Lyft's $4.2b day two Wall Street tumble a cautionary tale for unicorns
Uber

Lyft's $4.2b day two Wall Street tumble a cautionary tale for unicorns

Investors were cheering after Lyft's Wall Street debut. Day two was a different story for the unicorn.

  • by Thomas Heath
Who'll make a killing when Lyft, Uber and other ‘unicorns’ go public
Uber

Who'll make a killing when Lyft, Uber and other ‘unicorns’ go public

This year's IPO wave promises to generate big pay days for the startups' employees and investors.

Uber buys Middle Eastern rival Careem for $4.3 billion

Uber buys Middle Eastern rival Careem for $4.3 billion

Uber chief executive Dara Khosrowshahi has cut the largest deal of his tenure, buying Middle Eastern ride-hailing competitor Careem for $US3.1 billion ($4.35 billion).

  • by Eric Newcomer
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Coles quietly expands UberEats trial to deliver supermarket essentials
Coles Supermarkets

Coles quietly expands UberEats trial to deliver supermarket essentials

The supermarket giant could use the popular app to mitigate the challenges of in-house delivery and meet consumer demands for convenience.

  • by Natassia Chrysanthos
Uber plans to kick off sharemarket IPO next month, sources say
Sharemarket

Uber plans to kick off sharemarket IPO next month, sources say

The ride share giant, valued at $US76 billion ($122 billion) in the private market, is seeking a valuation of up to $US120 billion in this year's biggest float.

  • by Carl O'Donnell and Heather Somerville
Uber and taxi cop will not have any 'real power': Taxi Council
Uber

Uber and taxi cop will not have any 'real power': Taxi Council

An independent umpire designed to handle complaints about ride-sharing and taxis has been slammed by union, taxi and ride-sharing groups.

  • by Felicity Caldwell
Drivers confirm some game the app but Uber adamant it's rare
Cars

Drivers confirm some game the app but Uber adamant it's rare

Uber says it will roll out technology in April to look at the practice.

  • by Hamish Hastie
Uber deemed not criminally liable for fatal self-driving crash
Uber

Uber deemed not criminally liable for fatal self-driving crash

While Uber is off the hook from prosecution in Arizona, authorities could still charge the driver in the fatal self-driving car crash.