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Uber Technologies Inc

UBER.K

Latest Trade

28.70USD

Change

-0.37(-1.26%)

Volume

8,345,827

Today's Range

28.54

 - 

28.99

52 Week Range

25.58

 - 

47.08

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Latest Developments

UFCW 1518 President Kim Novak - Union Asked Labour Relations Board Of BC To Rule Ride Hailing Drivers Of Lyft, Uber Are Employees Protected By Law

Nov 27 (Reuters) - Lyft Inc <LYFT.O>::UFCW 1518 PRESIDENT KIM NOVAK - UNION ASKED LABOUR RELATIONS BOARD OF BC TO RULE RIDE HAILING DRIVERS OF LYFT, UBER ARE EMPLOYEES PROTECTED BY LAW.

Uber CEO Says "TFL Decision Is Just Wrong" - Tweet

Nov 25 (Reuters) - :UBER CEO DARA KHOSROWSHAHI SAYS "TFL DECISION IS JUST WRONG" - TWEET.UBER CEO KHOSROWSHAHI SAYS "OVER THE LAST 2 YEARS WE HAVE FUNDAMENTALLY CHANGED HOW WE OPERATE IN LONDON" - TWEET.

Uber Technologies Says CEO Reports Open Market Purchase Of 250,000 Shares Of Co's Common Stock- SEC Filing

Nov 20 (Reuters) - Uber Technologies Inc <UBER.N>::UBER TECHNOLOGIES SAYS CEO DARA KHOSROWSHAHI REPORTS OPEN MARKET PURCHASE OF 250,000 SHARES OF CO'S COMMON STOCK AT $26.75PER SHARE ON NOV 18 - SEC FILING.

Uber's Chief Product Officer Is Stepping Down - TechCrunch

Nov 18 (Reuters) - :UBER'S CHIEF PRODUCT OFFICER IS STEPPING DOWN - TECHCRUNCH.

Softbank's Son: We Can't Win Every Time But Our Return Is Twice The Average Industry Return

Nov 6 (Reuters) - SoftBank Group Corp <9984.T>::SOFTBANK'S SON: THERE ARE CONCERNS ABOUT VALUATION OF OTHER PORTFOLIO COMPANIES INCLUDING A DOG WALKING COMPANY (WAG).SOFTBANK'S SON: WE CAN’T WIN EVERY TIME BUT OUR RETURN IS TWICE THE AVERAGE INDUSTRY RETURN.SOFTBANK'S SON: FUND RAISING FOR VISION FUND 1 IS COMPLETED, WE RETAIN 15% FOR FOLLOW-ON INVESTMENTS AND PAYMENT OF DIVIDEND.SOFTBANK'S SON: WE HAVE STARTED SOME INVESTING FOR VISION FUND 2.SOFTBANK'S SON: VISION FUND IS GOING TO BE LAUNCHED AS SCHEDULED, CAN'T DISCUSS STATUS OF NEGOTIATIONS WITH POTENTIAL INVESTORS.SOFTBANK'S SON SAYS HE WAS TOLD OFF BY SOFTBANK BOARD MEMBERS OVER WEWORK.SOFTBANK'S SON SAYS I HAVE STARTED TO THINK WE SHOULD BE MORE CAUTIOUS ABOUT TIMING OF IPOS FOR COMPANIES LIKE UBER.SOFTBANK'S SON SAYS THERE IS NO CHANGE TO THE POLICY THAT MULTIPLE PORTFOLIO COMPANIES SHOULD GO PUBLIC EVERY YEAR.SOFTBANK'S SON SAYS FOR COMPANIES THAT ARE GETTING CLOSER TO TURNING A PROFIT, WE WILL SUPPORT THEM IN GOING PUBLIC.SOFTBANK'S SON SAYS THERE ARE SOME INVESTORS WHO ARE CAUTIOUS ABOUT VISION FUND 2 AFTER WEWORK AND UBER BUT I AM STILL EXPECTING A FUND OF SIZE AROUND THE SAME AS VISION FUND 1.

Softbank CEO Son: There Is No Change To My Vision Or Strategy, We Will Keep Going Forward

Nov 6 (Reuters) - SoftBank Group Corp <9984.T>::SOFTBANK CEO SON: THERE IS NO CHANGE TO MY VISION OR STRATEGY, WE WILL KEEP GOING FORWARD.SOFTBANK'S SON: I OVERESTIMATED ADAM NEUMANN’S GOOD SIDE; I SHOULD HAVE KNOWN BETTER.SOFTBANK'S SON: I TURNED A BLIND EYE TO (WEWORK CO-FOUNDER) ADAM NEUMANN'S BAD SIDE OVER THINGS LIKE CORPORATE GOVERNANCE.SOFTBANK'S SON: I LEARNED A HARSH LESSON FROM MY EXPERIENCE WITH ADAM NEUMANN.SOFTBANK'S SON: EVEN IF WE CANNOT GET A BIG GAIN ON WEWORK WE THINK WE WILL BE ABLE TO GET OUR INVESTMENT BACK.SOFTBANK'S SON: WE ARE STILL PERFORMING IN TERMS OF INTERNAL RATE OF RETURN.SOFTBANK'S SON: WE WILL LOOK AT OUR INVESTMENT GUIDELINES EVERY TIME WE INVEST IN COMPANIES.SOFTBANK'S SON: THE QUALITY OF WEWORK'S PRODUCT IS GREAT.

Softbank CEO Son says expects 'hockey stick' recovery at WeWork

Nov 6 (Reuters) - SoftBank Group Corp <9984.T>::SOFTBANK'S SON: A MONTH AGO WE STOPPED NEW LEASES FOR WEWORK, THIS MAY CONTINUE FOR 3-4 YEARS.SOFTBANK'S SON: WE WOULD LIKE TO GET RID OF NON-CORE BUSINESSES.SOFTBANK'S SON: WE HAVE A LOT OF EXPERIENCE IN RESTRUCTURING.SOFTBANK'S SON: IN ABOUT 18 MONTHS WE BELIEVE THE MAJORITY OF WEWORK OFFICES WILL BE PROFITAIBLE BUSINESSES AS OCCUPANY INCREASES.SOFTBANK'S SON: THERE WILL BE A HOCKEY STICK RECOVERY IN WEWORK PROFITS.SOFTBANK'S SON: WE HAVE CAUSED CONCERN TO BANKS AND RATING AGENCIES.

Softbank's Son says WeWork rescue was a special case

Nov 6 (Reuters) - SoftBank Group Corp <9984.T>::SOFTBANK'S SON: WEWORK WAS NOT A RESCUE PACKAGE BUT MANY PEOPLE THINK WE ARE JUST PUTTING MONEY IN A SINKING BOAT.SOFTBANK'S SON: WE DO NOT EXTEND RESCUE PACKAGES TO PORTFOLIO COMPANIES, WEWORK IS A SPECIAL CASE.SOFTBANK'S SON: PORTFOLIO COMPANIES MUST BE SELF-FINANCING.SOFTBANK'S SON:.SOFTBANK'S SON: MANY PEOPLE SAY VISION FUND MANAGERS HAVE NOT BEEN CAPABLE ENOUGH TO SCREEN INVESTMENTS.SOFTBANK'S SON: MANY STARTUPS LIKE FACEBOOK AND AMAZON HAD NEGATIVE CASH FLOW IN THE BEGINNING.

Softbank CEO Son We Want To Reduce Expenditure At Wework

Nov 6 (Reuters) - SoftBank Group Corp <9984.T> CEO Masayoshi Son::WE ARE IN THE ROUGH SEA.MY JUDGMENT AROUND WEWORK WAS NOT RIGHT IN MANY WAYS.VALUE OF TOTAL SOFTBANK GROUP HAS CONTINUED TO GROW.WE BELIEVE WEWORK IS NOT A SINKING BOAT.WE WANT TO REDUCE EXPENDITURE AT WEWORK.MANY WEWORK OFFICES ARE STILL UNDER CONSTRUCTION SO HAVE NO REVENUE.

Softbank Group says unrealised loss of 538 bln yen on valuations at Vision Fund

Nov 6 (Reuters) - SoftBank Group Corp <9984.T>::SOFTBANK GROUP: UNREALIZED LOSS ON VALUATION OF INVESTMENTS (NET) OF 537.9 BILLION YEN FROM INVESTMENTS HELD AT THE SECOND QUARTER-END.SOFTBANK GROUP: FAIR VALUES OF UBER, WEWORK AND ITS THREE AFFILIATES AND OTHER INVESTMENTS DECREASED.SOFTBANK GROUP: VALUATION LOSS OF ¥374.7 BILLION RECORDED FOR THE INVESTMENT IN WEWORK HELD BY A WHOLLY OWNED SUBSIDIARY OF THE COMPANY.SOFTBANK GROUP: TOTAL INVESTMENT AMOUNT BY COMPANY’S WHOLLY OWNED SUBSIDIARY AND SOFTBANK VISION FUND WAS $10.3 BILLION IN WEWORK, INCLUDING AN UNEXECUTED COMMITMENT OF $1.5 BILLION HELD BY THE WHOLLY OWNED SUBSIDIARY.SOFTBANK GROUP: SOFTBANK CORP. HAS CUMULATIVELY INVESTED ¥22.4 BILLION IN WEWORK JAPAN GK, WHICH PLAYS A ROLE IN EXPANDING WEWORK’S BUSINESS IN JAPAN.SOFTBANK: WEWORK’S ENTIRE EQUITY DECREASED TO $7.8 BILLION AS OF THE SECOND QUARTER-END.SOFTBANK: LOSS REPRESENTS THE DIFFERENCE BETWEEN THE NET ASSET VALUE OF SB WW, WHICH HAS REFLECTED THE FAIR VALUE OF WEWORK AS OF SEPTEMBER 30, 2019, AND THE CARRYING AMOUNT.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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