The $45 Uber IPO price was near the bottom end of the indicated range.

Uber has grown to dominate the ride-hailing business by offering steep discounts. On Friday, Wall Street returned the favour. The most richly valued (...)

Uber’s IPO at the New York Stock Exchange: main beneficiaries  will be Uber founder Travis Kalanick and Amazon’s Jeff Bezos. Photograph: Johannes Eisele

For a company that has never made a profit and says itself that it may not do so in the future, Uber has so far done very well for its investors. This(...)

Uber’s public debut marks a milestone for a company that has reshaped transportation in many cities but also proven deeply divisive among regulators. Photograph: Reuters

Uber’s shares sank almost 8 per cent below their offer price on Friday, giving the ride-hailing company a disappointing market value of below $70 bill(...)

The former CEO of Uber, is the largest individual shareholder, with 8.6 per cent of shares, and will be the undisputed winner of the day

They are the spoons full of sugar that make the bitter taste of capitalism go down. When billion-dollar technology startups go public, the media tends(...)

Photograph: Andrew Harrer/Bloomberg

Uber has demand for all of the shares offered in its initial public offering (IPO) days after it began marketing the sale, people familiar with the ma(...)

A filing revealed Uber had 91 million average monthly active users on its platforms.

Uber has 91 million users, but growth is slowing and it may never make a profit, the ride-hailing company said on Thursday in its initial public offer(...)

The company, which has never made a profit, could target a valuation of $120 billion when it lists on the New York stock market next year – three times the value of the carmaker Ford. File photograph: Ginnette Riquelme/Reuters

Uber has posted a loss of more than $1 billion in its latest quarter as growth in bookings continued to slow in the run-up to its stock market flotati(...)

Uber said the company was “continually improving” and that it had “made a lot of changes in the past 18 months. Photograph: Toby Melville/Illustration/File Photo/Reuters

Uber is under investigation by the US Equal Employment Opportunity Commission over accusations of gender discrimination, as the ride-hailing company c(...)

Uber is developing a systen to determine a user’s walking speed and note unusual typos while inputting a ride request to determine if the user is displaying ‘uncharacteristic behaviour’. Photograph: Getty

Uber appears to be working on technology which would detect if users of its ride-sharing app are drunk or high. A patent application from the compan(...)

Alberto Álvarez, of the Élite taxi drivers’ association, has become a figurehead of the campaign against Uber in Barcelona. Photograph: Guy Hedgecoe

Last Wednesday evening several hundred taxi drivers gathered near Barcelona’s Sants railway station for a demonstration, setting off flares, fireworks(...)

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