Uber shares tumble 7% on stock market debut

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Taxi firm gets a rough ride after opening below expectations on Wall Street

Uber lost $3bn last year and $9bn since it was founded - large even by the standards of Silicon Valley tech startups.

 

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This will please all LondonTaxi drivers.

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Uber drivers to go on strike over pay ahead of company's stock market flotationThe drivers say they are creating 'extraordinary wealth' for the minicab company but have been denied basic workers' rights. Lol they are self employ Get a better job Great shout o wait I’m self employed 🤦‍♂️🙈 those Uber drivers bless um 1 star rating
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Uber IPO: the rich people who will get even richer when the company goes publicThe ride-hailing app will have one of the largest initial public offerings in history on 10 May Uber lost more money last year than Trump lost in the 80s. UberSucks Repeating history NOT innovation IPO
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Uber valued at $82bn as market jitters push down price of 2019's biggest tech IPOUber will be valued at around $82bn (£63bn) when it floats in New York on Friday, after waning demand for the year’s biggest technology listing led it to price shares at the low end of expectations. GLAD THE MISERLY OWNERS LOST MONEY ON LAUNCH DRIVER POWER hansomLDNcabbie 👍
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