May 9, 2019
Uber’s IPO arrives at a challenging time
Uber’s Jump bikes are made in China, and they could see a U.S. import tariff hike if trade talks fall through.
Uber launches its Jump electrical bike service in Brussels on April 25.
HATIM KAGHAT/AFP/Getty Images
On Friday, the newest stock to trade on Wall Street will have the ticker symbol “UBER.” Yes, the ride-hailing company is going public. But because of uncertainty over the U.S.-China trade war, it may not raise as much from investors as it hopes. Some tariffs have a direct impact on Uber’s businesses.
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