The company initially filed paperwork with the Securities and Exchange Commission in December, according to a memo to employees. Source: NYT > Business – ANDREW ROSS SORKIN and MICHAEL J. de la MERCED
Which Tech Company Is Uber Most Like? Its Answer May Surprise You
It’s not Lyft or Didi Chuxing or another ride-hailing firm. Instead, Uber sees itself as the Amazon of transportation. Source: NYT > Business – MIKE ISAAC
With Interest: The Week in Business: Tesla’s Driverless Taxis and Uber’s I.P.O.
Plus, Boeing’s plane problems are adding up, and Facebook prepares for a big fine — or a slap on the wrist? Source: NYT > Business – CHARLOTTE COWLES
Slack Discloses $141 Million Loss as Messaging Start-Up Joins Tech Listing Rush
Unlike most other Silicon Valley darlings going public this year, Slack is not holding an initial public offering, where it sells shares to the public. Source: NYT > Business – ERIN GRIFFITH and MICHAEL J. de la MERCED
Slack Discloses $141 Million Loss as Messaging Start-Up Joins Tech Listing Rush
The company disclosed in its offering prospectus that it collected $400.6 million in revenue in the year through January. It had 88,000 paying customers. Source: NYT > Business – ERIN GRIFFITH and MICHAEL J. de la MERCED
Uber Aims for Valuation of Up to $91 Billion in I.P.O.
The world’s largest ride-hailing company, which has not yet made a profit, kicked off the last stage of its journey to list on public stock markets. Source: NYT > Business – KATE CONGER and MICHAEL J. de la MERCED