Us Ride-sharing Startup

The suit also asked the court to order the service to stop operating in Portland until it is in compliance with city rules.

Popular but controversial US ride-sharing startup Uber is now valued at $40 billion, it said Thursday, twice what it was worth six months ago, after raising a fresh $1.2 billion in funding.

The suit also asked the court to order the service to stop operating in Portland until it is in compliance with city rules.

Popular but controversial US ride-sharing startup Uber is now valued at $40 billion, it said Thursday, twice what it was worth six months ago, after raising a fresh $1.2 billion in funding.