conditions wages: The protests come ahead of Uber's anticipated IPO initial public offering on the New York Stock Exchange on Friday, which could put the ride-hailing firm's valuation as high as 91.5 billion, according to The Independent. Elizabeth Schulze eschulze9Published 5 10 AM ET Wed, 8 May 2019 Updated 3 53 PM ET Wed, 8 May 2019 CNBC show chapters Uber drivers protest around the world ahead of the company's 90 billion IPO 12 31 PM ET Wed, 8 May 2019 01 40Uber and Lyft drivers are logging off ride-hailing apps and taking to the streets in cities around the world Wednesday to protest against working conditions and wages. Both companies acknowledged in their S-1 filings that identifying their workers as contractors is key to their business models. The protests come ahead of Uber's anticipated IPO initial public offering on the New York Stock Exchange on Friday, which could put the ride-hailing firm's valuation as high as 91.5 billion. At one point, protesters had spread to the middle of the street outside the company's headquarters. In San Francisco, police estimated about 300 people, including protesters and media, had gathered in front of Uber headquarters just after noon there.
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