Uber is 'on track' for an IPO in 2019 and is in talks with Waymo over a self-driving partnership

Daily Mail - Science & tech 

Uber has its eyes set on going public in 2019. CEO Dara Khosrowshahi said the ride-hailing startup is'on track' for an initial public offering in the second half of next year, saying Uber has a'very strong balance sheet' that could position it to do so. Khosrowshahi also shed some new light into Uber's self-driving car program, which has been paused in the wake of a fatal crash involving one of the firm's autonomous vehicles. Uber has its eyes set on an IPO in the second half of 2019, with CEO Dara Khosrowshahi saying the firm's in a'good position' in terms of profitability and margins to go public'We're in a good position in terms of the company's profile, in terms of profitability and margins continue to get better,' Khosrowshahi told CNBC at Recode's Code Conference in California. Khosrowshahi said he envisions Uber becoming the'Amazon for transportation,' serving as a platform for multiple transportation modes, like buses and bikes.