26-04-2019 16:37 via feedproxy.google.com

Uber is paying drivers up to $40,000 each to celebrate its IPO

Uber drivers are set to receive up to $40,000 each as a "driver appreciation reward" ahead of the company's initial public offering.
The ride-hailing giant said it expected to pay about $300 million to more than 1.1 million drivers worldwide this weekend.
Uber said drivers would receive one of six cash rewards based on the number of trips they've completed.
Uber said it had also reserved 5.4 million shares for drivers to purchase at the IPO price, expected to be between $44 and $50.
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