❗Let's close the gap: We still need your help to raise $40,000 by April 1. Donate now

Uber’s IPO arrives at a challenging time

Scott Tong May 9, 2019
HTML EMBED:
COPY
Uber launches its Jump electrical bike service in Brussels on April 25. HATIM KAGHAT/AFP/Getty Images

Uber’s IPO arrives at a challenging time

Scott Tong May 9, 2019
Uber launches its Jump electrical bike service in Brussels on April 25. HATIM KAGHAT/AFP/Getty Images
HTML EMBED:
COPY

On Friday, the newest stock to trade on Wall Street will have the ticker symbol “UBER.” Yes, the ride-hailing company is going public. But because of uncertainty over the U.S.-China trade war, it may not raise as much from investors as it hopes. Some tariffs have a direct impact on Uber’s businesses.

Click the audio player above to hear the full story.

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.