Uber drivers strike over pay and conditions
by Julia Kollewe from Technology | The Guardian on (#4EQJP)
Protests take place in UK, US, Brazil and Australia as ride-hailing app prepares for stock market debut
Uber drivers have gone on strike in the UK, US and other countries including Brazil and Australia to demand better pay and conditions ahead of the ride-hailing app's stock market debut.
Thousands protested against what one UK trade union labelled "poverty pay" ahead of Friday's flotation, which will crystalise multi-million and multi-billion dollar fortunes for early investors, including the Uber founder, Travis Kalanick, and the Amazon boss, Jeff Bezos. Uber hopes to raise $9bn (6.9bn) in new funds and is expected to be valued at up to $91.5bn when the valuation of the shares is announced on Thursday.
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