A class action filed on behalf of thousands of taxi and hire-car drivers against Uber alleges the global rideshare company operated illegally in Australia.
People shouldn’t use Uber as their only alternative. That company is becoming a scary “monopoly” with a very bad customer service.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Uber targets $90bn valuation as it prepares for stock market debutPrice tag is lower than the $120bn that had been suggested last year, but questions remain about ride-hailing service’s chances of turning a profit Way too high. Uber will never be profitable until the self driving cars happen and the human element is eliminated. Business Future Invest
Source: The Independent - 🏆 80. / 59 Read more »
Uber seeks market value of up to $84bn in share saleUber is seeking a market value of up to $84bn in its planned flotation, according to documents filed with regulators. TfL What a joke! A company that’s lost $4 billion dollars in the last two years is worth nothing in my opinion! If you invest in this you deserve to lose money. Way over inflated for a company that lost £1.8Billion last year.
Source: SkyNews - 🏆 35. / 67 Read more »