Behind Uber’s Slowing Growth: Onslaught of Global Competition Takes a Toll - News Summed Up

Behind Uber’s Slowing Growth: Onslaught of Global Competition Takes a Toll


WSJ’s Jason Bellini breaks down five ways Uber is preparing itself for its market debut. Illustration: Laura KammermannUber Technologies Inc. has talked up its expansion into new businesses beyond ride-hailing, from food delivery to long-haul trucking. But it can’t escape the fierce competition. The ride-hailing giant’s IPO documents made public Thursday show a company besieged by competitors on all fronts, leading to sharp declines in revenue growth just as it readies to market itself to growth-hungry public-market investors.


Source: Wall Street Journal April 12, 2019 09:30 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */