Uber is seen as a 'once in a generation company,' but it still faces major competition from Lyft

"We agree that UBER is a once in a generation company with a massive opportunity to revolutionize transportation and logistics," Susquehanna analyst Shyam Patil, who hasn't yet rated the still-private company or given it a price target, wrote in a note to clients on Wednesday., however, creates uncertainty around future trajectory. Given the large growth opportunity for UBER, it's concerning to see growth decelerate meaningfully over the past several quarters.

Bookings growth has slowed from an annual increase in the high-50% range in the first quarter of 2018 to the mid-30% range during this year's first quarter, he noted. Adjusted-annual-revenue growth has slowed even more dramatically, from 85% to 14% over the same period.

Uber will never deliver profit and it is actually an environmental disaster to cities

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Uber, Lyft, Pinterest, And Zoom: SEC Filings Reveal Trends In Private Company Stock Grant DesignWhen you work for a fast-growing private company that's likely to go public or get acquired, you often take the job with the idea that you’ll get sizeable stock grants and perhaps life-changing wealth. How do these grants work? Let's look at registration statements of IPO or soon-to-be-IPO firms. Consult an Equity Compensation specialist when evaluating restricted stock grants...
Source: Forbes - 🏆 394. / 53 Read more »