[Global Science and Technology April 26th Reporter Xinyue] Uber, a U.S. travel company, can be said to be in trouble recently. After the wave of large-scale departures, the company’s operating conditions seem to have problems.
According to The Information, a foreign media company, Uber, the world’s highest-valued startup, has recently been seen as bearish by investors in the secondary market, with a valuation of approximately US$50 billion.
An anonymous stockbroker told reporters that taking into account the 15% decline in private equity, Uber’s current valuation should be around US$50 billion, a total drop of 10 billion from the initial amount of US$60 billion.
It is reported that after the last round of financing, Uber's valuation reached a maximum of 68 billion US dollars, the price per share of 48.77 US dollars. Now Uber's valuation has fallen to $50 billion, and the price per share in the secondary market is only about $35, which is not due to the overall poor performance of the secondary market.
A trader in the secondary market told the media that more and more potential buyers and sellers are entering the market and many stocks have risen in price, such as Spotify, a music service provider. The trader said that the number of shareholders who intend to sell Uber stocks is rising recently, and Uber’s stock price decline is related to a series of negative news such as its deep management incompetence.
Uber crisis development schedule
Looking back at what happened in the last two months, Uber’s development can be difficult. In addition to the negative allegations of female employees being sexually harassed, sue by Alphabet’s self-driving car company, and the quarrel between CEO Kallanike and Uber, Uber’s more serious problem is the loss of executives.
Uber Executive Drain Schedule
Following the departure of Brian McClendon, vice president of Maps and Business Platforms, and Jeff Jones, president of the company, last week, responsible for the global auto plan, known as Uber's "father of automatic driving." The vice president, Sherif Marakby, also left from Uber.
Compared with foreign issues, since the merger with Didi in August last year, Uber China's team has experienced the process of business integration, new and old APP switching, and the overall performance has been stable and has not been affected by too many foreign events.