Softbank, the investment fund behind Uber and WeWork is under pressure from analysts with a negative sentiment on the company's net debt and leverage.
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Uber sues NYC over limit on ridehailing vehiclesUber is suing New York City over its temporary cap on new vehicle licenses for ridehailing companies to address traffic congestion. It claims the city plans on making the cap permanent.
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Lyft's strategy to compete with Uber on IPO - Reuters TVAs the two biggest ride hailing apps Uber and Lyft race to debut on the stock market this year, sources tell Reuters the much smaller Lyft is planning to pitch itself to investors as the one that’s growing faster.
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