Uber will be valued at around $82bn when it floats in New York on Friday, after waning demand for the year’s biggest technology listing led it to price shares at the low end of expectations.Although this will make it the biggest tech float since Alibaba’s record 2014 initial public offering, Uber’s listing price is well below previous estimates, which suggested the company could be worth as much as $120bn.
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GLAD THE MISERLY OWNERS LOST MONEY ON LAUNCH DRIVER POWER
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