Latest news with #Uber
Yahoo
26 minutes ago
- Business
- Yahoo
Uber Technologies (UBER) Backed Electric Bike Startup Prepares for IPO
Uber Technologies, Inc. (NYSE:UBER) is one of the . On June 24, Reuters reported an Uber Technologies, Inc. (NYSE:UBER) backed electric bike and scooter network startup called Lime has hired investment banks to prepare for an IPO in the United States. Lime is a San Francisco-based startup, according to the sources of Reuters, it has hired Goldman Sachs and JPMorgan Chase to help with its IPO. The company is anticipated to launch next year and could value the firm higher than its Uber Technologies, Inc. (NYSE:UBER) led funding round in 2020. The source added that reports at that time valued the company at about $510 million. The company was founded in 2017 and is now led by Uber Technologies, Inc. (NYSE:UBER)'s former executive Wayne Ting. It provides short-term rentals of electric bikes and scooters in more than 280 cities in nearly 30 countries. Uber Technologies, Inc. (NYSE:UBER) is a technology company that operates a ride-hailing platform working in three main areas including Mobility, Delivery, and Freight. While we acknowledge the potential of UBER as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Sign in to access your portfolio


Daily Mirror
4 hours ago
- Daily Mirror
Brits travelling to Benidorm told to avoid 'huge mistake' when using taxis
A Brit abroad has warned people visiting Benidorm this year that there are allegedly "fake taxis" driving around, urging people to exercise caution when they're travelling Heading to Benidorm this summer? One Brit abroad has shared that you may want to be careful about the taxis you're getting in while you're there. Harry, who posts regular Benidorm content under the username @harrytokky, shared the "warning," urging people to exercise caution because there are reportedly "fake taxis" which could turn out to be a "random stranger's car," and they will not take you to the destination you want to arrive at. Harry explained in his TikTok video that he would tell people which taxis were safe to take and which to avoid completely if they wanted to stay safe in the party capital. He said that "in Benidorm there's only one type of taxi that you should be getting into," and they are "white cars with a blue stripe down the middle". Harry shared that they usually "have a light on the top of the roof," and it will be either green or red. "If they're red, the taxi is in use," whereas if the light is green, it's free to get in. He said these taxis will "take you to your destination nice and safe," which is more than can be said for the "fake taxis" he speaks of. Harry continued: "So guys, if you're coming out to Benidorm, they are the only taxis that you should be looking out for because you don't want to get into some random stranger's car" because they may not take you where you're going. In the comments, someone wrote: "What about Uber? The last time I was there, I used Uber from Benidorm old town to the airport; it was a regular black car." Others reiterated that they managed to use Uber while they were there, but others shared that they'd "struggled" and "couldn't get the app to work". Another Benidorm visitor recommended "the Pide app," saying it was "really easy". Harry responded: "I totally agree with you. I should've mentioned that". Somebody else said that they'd used the Pide app the "whole time" they were in Benidorm, saying it provided them with "fantastic service". Radio Taxi Benidorm is a local taxi company that can be contacted by phone when you are in the area, and they provide safe taxi journeys that are legitimate. In the comments, another person recommended that you look for the "blue stripe" on the car to be sure that it's a real taxi. It's important to note that in high season, it may be more challenging to find taxis readily available at the ranks. Others recommend that, for safety, you get your hotel to call you a taxi so you know they're real. You can also ask a restaurant to call you a taxi, so you're not walking around the streets to find one. You can also check the Google rating of a taxi company before using it, but make sure you do your research online beforehand.
Yahoo
4 hours ago
- Business
- Yahoo
Uber Technologies (UBER) Backed Electric Bike Startup Prepares for IPO
Uber Technologies, Inc. (NYSE:UBER) is one of the . On June 24, Reuters reported an Uber Technologies, Inc. (NYSE:UBER) backed electric bike and scooter network startup called Lime has hired investment banks to prepare for an IPO in the United States. Lime is a San Francisco-based startup, according to the sources of Reuters, it has hired Goldman Sachs and JPMorgan Chase to help with its IPO. The company is anticipated to launch next year and could value the firm higher than its Uber Technologies, Inc. (NYSE:UBER) led funding round in 2020. The source added that reports at that time valued the company at about $510 million. The company was founded in 2017 and is now led by Uber Technologies, Inc. (NYSE:UBER)'s former executive Wayne Ting. It provides short-term rentals of electric bikes and scooters in more than 280 cities in nearly 30 countries. Uber Technologies, Inc. (NYSE:UBER) is a technology company that operates a ride-hailing platform working in three main areas including Mobility, Delivery, and Freight. While we acknowledge the potential of UBER as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. 登入存取你的投資組合


Scotsman
5 hours ago
- Scotsman
Never more in need of holiday after this nightmare journey
'We arrived just as the doors were closing and the Lumo lady on the inside was deaf to our pleas,' says Fiona Duff Yet again I am in Italy. You would think that getting here before the schools break up for the summer holidays would be so much cheaper. Well, that might be the case for most people, but not yours truly. Sign up to our daily newsletter Sign up Thank you for signing up! Did you know with a Digital Subscription to Edinburgh News, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... The problem is because the devil is in the detail, and quite often the details that defy my smooth passage when travelling. On Monday we were going to London – the flights from Stansted to Pisa arrived at a much more suitable time. Any plane arriving somewhere at midnight, when you then have to travel on a bit to reach your destination is just a pain in the bahookie if you ask me. Advertisement Hide Ad Advertisement Hide Ad Anyway we toddled along to Waverley – looked at the departure board and saw that the 11.30am to Kings Cross left from platform 1. So there we sat sipping our coffees and bags full of overpriced sandwiches from the station shops when I decided to check our seat numbers. Lo and behold, we were actually booked on the 11.24am from platform 10. It was 11.20am at that point, so with coffee flying we raced along, up some stairs and then down some stairs. We arrived just as the doors were closing and the Lumo lady on the inside was deaf to our pleas. We raced back to platform 1 just as that train was leaving. Luckily trains are not like planes and generally there is another one coming along in half an hour. I booked tickets on my phone and even managed to secure some seats. The following day, we were at a tube station with one more stop to get to Liverpool Street where the Stansted Express departs. No trains on this line were in sight, and a member of staff explained that there seemed to be a problem, but one might come along in about 20 minutes. So at that point we hot-footed it up to the street and called an Uber, which arrived very soon, although unfortunately parked on the other side of a very busy street. But we got to the airport and onto the plane. At Pisa our friends said we had a chance of catching the 5.20pm to Lucca so we darted to the train station, ran along platform and jumped on the 5.20pm train, which we then found out was going in the opposite direction. But here we are, and never more in need of a holiday.


Time of India
7 hours ago
- Health
- Time of India
Is drinking cold water bad for your health? Know its risks and benefits
The debate around drinking cold water has sparked curiosity, with some believing it may harm digestion by contracting the stomach. However, there's no solid evidence to back this up. Both cold and room-temperature water keep you hydrated effectively. Cold water can be especially refreshing after a workout, helping cool the body and possibly giving a small metabolism boost. While it might bother those with sensitive teeth or digestion, most people can enjoy it without issues. In the end, it comes down to personal preference. What matters most is staying hydrated - water, at any temperature, is essential for mental and physical health. Risks of drinking cold water Drinking cold water can have unexpected effects on your body. According to Healthline, a 1978 study involving 15 people found that cold water increased the thickness of nasal mucus, making it harder to pass through the respiratory tract, whereas hot water and chicken soup had the opposite effect, easing breathing. For individuals with certain health conditions, cold water can exacerbate symptoms. Research suggests that drinking cold water can trigger migraines in prone individuals (2001 study) and worsen achalasia symptoms, a condition affecting food passage through the esophagus (2012 study). by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Uber luxury living at Hyderabad's billionaire junction Sumadhura Group Learn More Undo In traditional Chinese medicine, consuming cold water with hot food is believed to create an imbalance, which is why meals are often served with warm water or tea. Similar beliefs exist in other cultures, such as the idea that cold water on a hot day may not provide cooling relief. However, more research is needed to confirm or deny these claims. Positive effects of drinking cold water As per reports benefits of drinking cold water include: Beneficial for athletes or individuals engaging in strenuous physical activity Helps prevent overheating during exercise (2012 study) Makes workout sessions more successful Assists in maintaining a lower core temperature, enhancing physical performance. Cold water is super refreshing on hot days or after a tough workout. It helps cool you down, slows your heart rate, and makes you feel better faster. Does cold water help you with weight loss? Drinking cold water may aid in weight loss to a small extent. Benefits include Lower calorie intake when replacing sugary drinks Improved digestion Slight increase in calorie burn as the body works to warm the water to core temperature Also read | Is sugar the reason behind your headaches? Here's what you need to know