With IPO Upcoming, Uber Seems Intent on Dominating the World of Transportation, Profit Looms as Challenge

May 6, 2019 12:43:05
  • As Uber prepares for its IPO this month, the company has announced some bold plans to expand the scope of its operations
  • A comparison between Uber and Amazon has already been drawn; in the near future, Uber could be dominating many areas of the transportation market, much like Amazon is a giant in the retail space
  • Uber’s IPO is anticipated to be one of the biggest for a tech company in history; the company is seeking a valuation in the range of $90 billion to $100 billion

Ridesharing company Uber Technologies Inc. is providing clear signals that it’s working toward dominating the world of transportation as it’s prepares for its IPO on May 10, 2019.

From food delivery to freight, the company has bold plans that will potentially increase the scope of its operations, as a May 2019 Wall Street Journal report details…

Read More>>

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

To receive instant SMS alerts, text STOCKS to 77948

For more information please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
212.418.1217 Office