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Plans to go public
According to a report on Business Insider, an Uber listing would "most likely be one of the biggest technology IPOs of the decade". The currently private ride-hailing company is worth $68.5 billion.
The report states that after the recent series of scandals - including allegations of sexual harassment and illegal taxi operations - going public would, in many ways, make the company more accountable.
Uber has also announced the launch of its Movement tool. By giving access to a modified version of its internal demand and usage data, Uber hopes that cities, urban planners, government experts, transportation professionals, and academic organisations can use the data to support projects that would help reduce congestion and generally speed up travel times. In essence, it helps to analyse the impact of events, rush hours, and road closures in cities worldwide.
Currently, Movement is only available in Bogotá, Boston, Manila, Sydney, and Washington D.C.