Uber Technologies Inc had $50 billion in total bookings for its ride-service and food-delivery businesses last year, a testament to the size and global reach of the company as it prepares to woo investors in one of the biggest public stock listings to date.
Uber Technologies Inc and smaller rival Lyft are driving side-by-side on the road to a stock market debut, and that may not bode well for Lyft as investors decide where to place their bets in the ride-hailing sector.
Uber Technologies Inc’s Chief People Officer Liane Hornsey resigned on Tuesday, Chief Executive Dara Khosrowshahi said, following an investigation into how she handled allegations of racial discrimination at the ride-hailing firm.
E-hailing service, Uber has denied claims by some of its drivers that they have been blocked from using the company’s app. Uber says drivers that have been removed from the app have been found to be involved in illegal acts, including violence against other drivers.
Uber/Taxify drivers say they will not be deterred from highlighting their plight. This after they found Uber offices closed as they attempted to deliver a memorandum of grievances at Garsfontein in Pretoria on Tuesday afternoon.