Ride-hailing service Uber filed documents Thursday to go public. (Chris J. Ratcliffe/Bloomberg News)Uber filed documents Thursday to take the ride-hailing giant public, the most anticipated of the year’s high-profile technology stock-exchange listings. With the initial filing -- prior to pricing its shares and valuing its company -- Uber has entered the first stage of taking its company public. Uber Eats made up another $1.4 billion, revenue on a scale approaching Lyft’s $2 billion in total revenue last year. Uber said it will provide a “one-time cash” bonus to more than 1 million drivers around the globe, a more than $300 million payout, on April 27.

Source: Washington Post April 11, 2019 20:33 UTC