Uber proposals value company at US$120 billion in a possible IPO: WSJ

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Uber Technologies Inc recently received proposals from Wall Street banks valuing the company at as much as US$120 billion in an initial public ...

 

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Philippine watchdog fines Grab, Uber for rushed merger, drop in service qualityThe Philippines' competition watchdog fined ride-hailing firms Grab and Uber Technologies on Wednesday, saying they consummated their merger too soon and that the quality of service dipped, becoming the second regulator in the region to penalize them. Uber [UBER.UL] sold its money-losing Southeast Orbi goot .....Next Indonesia shud fine Grab as well ....follow by vietnam .
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