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This is an accepted version of this page This is the latest accepted revision, reviewed on 23 January 2025. American ridesharing and delivery company For other uses, see Über and Uber (disambiguation). Uber Technologies, Inc. Headquarters in Mission Bay, San Francisco Formerly Ubercab (2009–2011) Company type Public Traded as NYSE: UBER DJTA component S&P 500 component Industry ...
Uber and Lyft both went public in 2019. At the time of this writing, Uber's stock trades 36% above its IPO price of $45, but Lyft's stock has tumbled more than 80% below its IPO price of $72.
Uber is a profitable and growing enterprise with competitive strengths. In order to buy the stock, though, the valuation must be compelling. Shares currently trade at a forward P/E ratio of 22.2.
A Lyft vehicle in Santa Monica, California, with the original grill-stache branding, since retired. Lyft was launched in the summer of 2012 by computer programmers Logan Green and John Zimmer as a service of Zimride, a long-distance intercity carpooling company focused on college transport that they founded in 2007 after Green shared rides from the University of California, Santa Barbara ...
In January 2021, SoftBank sold $2 billion in Uber Technologies shares through affiliate firm SB Cayman. [127] In March 2021, SoftBank made a record $36.99 billion profit from its Vision Fund unit and investment gains via the public market debut of Coupang. [128] SoftBank Group's net profit was $45.88 billion (¥4.99 trillion). [128]
Yahoo Finance compiled a list of the biggest publicly traded companies in each state and Washington, D.C., based on market cap and the location of companies' headquarters as of 2023.
This page was last edited on 18 January 2025, at 11:31 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
Driverless car technology is expected to crush Uber's (NYSE: UBER) business in the long term. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day.