Source: Travel News
Uber Technologies Inc. is more than just ride-hailing. That’s a key part of the pitch it’s making to investors as the company prepares for an initial public offering this year. In fact, some of Uber’s new lines of business may actively dissuade people from calling one of its cars. Eric Newcomer / Bloomberg
Skift Take: As the company prepares for its IPO, it wants investors to know that its ambitions are big. But it's hard to imagine scooters becoming wildly popular, and its an expensive investment, especially at a time when growth of its core business is slowing.