REUTERS/Shannon Stapleton Uber is on fire. It probably topped $1.5 billion in net revenue last year and was growing bookings at a rate of over 40% per quarter in the middle of 2015, according to recently leaked documents. In its current round of fundraising, it's telling would-be investors that it's worth more than $60 billion — more than Ford or General Motors. It faces lots of threats, like driver lawsuits and local regulators. But it may also face a threat from something a little counter...
REUTERS/Shannon Stapleton Uber is on fire. It probably topped $1.5 billion in net revenue last year and was growing bookings at a rate of over 40% per quarter in the middle of 2015, according to recently leaked documents. In its current round of fundraising, it's telling would-be investors that it's worth more than $60 billion — more than Ford or General Motors. It faces lots of threats, like driver lawsuits and local regulators. But it may also face a threat from something a little counter...
Share this Article
Recommended