Hyped-up Uber IPO may end in disappointment-Analysts

Analysts say the Ride-hailing giant Uber’s initial public offering was already set up for disappointment after being hyped-up.

Uber’s CEO, Dara Khosrowshahi put the disappointing IPO down to the U.S.-China trade talks which hit an impasse the same day Uber went public.

He said the company is measuring success in “five to ten years, not in one day.

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This year, Uber has been paying out around 100 million U.S. dollars per month in driver incentives.

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