Uber's IPO is generating plenty of excitement in Silicon Valley. But foreign investors could be among the biggest winners thanks to carefully timed bets on the company.
Uber is suing New York City over its temporary cap on new vehicle licenses for ridehailing companies to address traffic congestion. It claims the city plans on making the cap permanent.
Uber, the most highly- valued US based startup, is heading into its much-anticipated IPO after more than one billion dollars in losses last year.