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Uber files for his IPO and faces the past



Ten years after the company was founded, Uber is finally ready for the public. This evening, the company showed its submission of S-1 documents for an IPO, and thus opened more information for everyone regarding its finances and problems. Experiencing this document, many of these issues relate to the past, especially in 201

7, when a series of discoveries about his corporate culture, driver and passenger handling, and other crimes led to CEO Brian Kalanica.

Uber, it has about 91 million active users per month, either ran or got delivered to Uber Eats. This number came from the Q4 2018, which is 35 percent from last year, with approximately 3.9 million drivers, and 1.5 billion quarter trips.

Uber also gave some insight into his plans for self-driving, saying: "On the way to the future of an autonomous motorized world, we believe that there will be a long period of hybrid autonomy in which autonomous vehicles will be deployed gradually against specific cases of use, while drivers will continue to serve most of consumer demand. The usual S-1 risk list recognizes everything that can go wrong with the company, including tightening regulation, falling reputation, or lagging behind competitors. For Uber, which includes not only the simpler aspects of its past mentioned above, but also the question of how to try to achieve profitability while preserving expected customer prices and compensation that works for drivers. It is expected that this will be one of the largest technological IPOs ever, and will take place only a month after its main rival, Lyft, has listed its shares on the open market, displaying more than 30 million racers and slightly less than two million drivers.


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