As Uber Gears Up for IPO, Many Indian Drivers Talk of Shattered Dreams – Caravan Daily

As Uber gears up for IPO, many Indian drivers talk of shattered dreams. Thanks to attractive cash incentives offered as Uber lured drivers in one of its biggest.

Rajesh Raut, a former Uber driver, sits in the truck that he currently drives. — Reuters

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As Uber gears up for IPO, many Indian drivers talk of shattered dreams Lyft loss widens to $1.1 bn, unveils Waymo partnership Uber, Lyft may yet save year from worst IPO start since 2016

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As Uber gears up for IPO, many Indian drivers talk of shattered dreams To mark its IPO, Uber says it plans to pay $300 million to more than 1.1 million drivers, a so-called "appreciation reward.

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As Uber gears up for IPO, many Indian drivers talk of shattered dreams mounting debt from taxi loans was a key concern. Many drivers took loans to buy cabs, while some leased cars from the.

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The Lyft logo is shown on the screen at the Nasdaq offices in Times Square on March 29, 2019 in New York. Nasdaq: LYFT, the multimodal transportation network, – Ride-hailing company Lyft made its initial public offering (IPO) on the Nasdaq Stock Market on March 29.

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As Uber gears up for IPO, many Indian drivers talk of shattered dreams. By sai sachin ravikumar, Aditi Shah and Aditya Kalra. many drivers from Uber are still earning more than they could get in other blue-collar jobs in India. The national minimum wage in India is only about $2.50 a day.

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