Uber Technologies Inc. (NYSE: UBER) Battles for Survival and for New Success in Pandemic-hampered Global Marketplace
Uber Technologies has established itself as a tech giant innovator over the course of a decade since it launched ride-sharing services in California’s Bay Area, now with transportation operations in 67 countries The company has threatened to leave California, however, if it is unsuccessful in drawing enough voters to support a ballot measure in November that would nullify state law requiring gig economy giants to reclassify their contract workers as employees Uber also faces similar legal challenges in other states and overseas, but continues to demonstrate its resourcefulness through M&A activity that has added new channels for revenue The acquisition…







