Uber faces new roadblock in New York on its way to IPO
https://phys.org/news/2018-08-uber-roadblock-york-ipo.html
If that were to happen, it would be more difficult for Uber to boost its revenue and reverse its history of uninterrupted losses. That, in turn, would affect the price that investors are willing to pay for Uber's stock in the IPO that the San Francisco company plans to make next year.
Uber maintains that New York's moratorium is a bad idea.
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