Eric Newcomer
Stories by Eric Newcomer
Uber said to appoint Morgan Stanley to lead 2019 IPO
Uber’s public offering could be one of the five largest of all time in the U.S. and is expected to be the biggest listing next year.
IPO-bound Uber and Lyft’s largest shareholders are two Japanese firms
SoftBank, a Japanese conglomerate run by Masayoshi Son, owns more than 15% of Uber. Rakuten, an e-commerce company that began amassing a sizable stake
Uber’s revenue growth loses steam as quarterly loss surges to $1.1b
It's a troubling sign for a serially unprofitable business that hopes to get valued like a technology company in a planned initial public offering nex
How going public might be the only way for Uber to dilute its deep Saudi link
The best hope for resolving Uber’s Saudi stigma, insiders said, is for the company to go public, giving it more latitude to reshape its board. Publi
Ahead of IPO, Uber signals there’s more to it than ride-hailing
As it preps for its IPO next year, Lyft has been stressing its gains in ride-hailing. Uber, meanwhile, is trumpeting just about everything else.
Top banks queue up as Uber, Lyft firm up plans for 2019 listing
Wall Street’s top banks, vying for a coveted underwriting spot on Uber’s IPO, suggest the San Francisco company could produce one of the most valu
Scooter startups Lime and Bird look for new funding with loftier valuations
They’ve both raised hundreds of millions of dollars. But that isn’t stopping them from looking for new financing with even loftier valuations.
Uber in early discussions to acquire Europe’s Deliveroo
Uber CEO Dara Khosrowshahi has made the company’s food-delivery business a top priority ahead of a planned IPO in the second half of 2019.
Lyft said to start process to prepare for 2019 IPO
Lyft plans to begin taking pitches from banks as soon as September, targeting March or April for the listing.
Toyota to invest $500m in Uber to forge self-driving car partnership
The deal reportedly values the US ride-hailing giant at $72 billion.
