Uber signage is seen as an employee sits in the entrance of the ride-hailing giant's office in Hong Kong on March 10, 2017. Uber hit back at Hong Kong authorities on March 10 after five of its drivers were found guilty of operating without proper licences, in yet another blow to the ride-hailing giant. / AFP PHOTO / Anthony WALLACE
TORONTO/SAN FRANCISCO: A newspaper advertisement for an Uber Technologies Inc stock sale was juxtaposed on Nov 22 with a report that the ride-service provider had covered up a data hack – something of a metaphor for Uber, a company with boundless investor interest, but whose penchant for rule-breaking has led to a series of scandals.
The stock sale advertised in the New York Times will enable Uber investors to sell their shares to Japanese investor SoftBank, a critical deal for the company whose problems included building software to spy on competitors and to evade regulators and being investigated in Asia for paying bribes.
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