Uber Drivers Protest Across the U.K. and U.S. But $9 Billion IPO Rides On
Uber (UBER) and Lyft (LYFT) drivers went on strike during rush hour Wednesday morning, staging protests in cities around the world to demand higher wages and benefits. The
'Drivers built them their empires': union leader on Uber ahead of its IPO
Simmering tensions between drivers and ride-hailing companies are flaring again, as drivers in major cities across the U.S. and the U.K. went on strike Wednesday over low wages and unstable working conditions. Billed as an international protest in advance of Uber Technologies Inc. s planned initial public offering this week, drivers in London and nearby cities said they would turn off their apps at 7 a.m

Uber drivers protest around the world ahead of the company's $90 billion IPO
Breakingviews - Uber’s losses are nothing like young Amazon’s
(Reuters Breakingviews) - Uber Technologies is no Amazon.com. Some of the ride-hailing firm’s boosters have pushed a comparison with the e-commerce giant in roadshow meetings for the company’s imminent initial public offering, according to news reports. The idea is that hefty losses now are laying the foundation for a future profit juggernaut. Instead of the income statement, though, investors should look at cash flow numbers.