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.
hansomLDNcabbie 👍
GLAD THE MISERLY OWNERS LOST MONEY ON LAUNCH DRIVER POWER
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Uber IPO: the rich people who will get even richer when the company goes publicThe ride-hailing app will have one of the largest initial public offerings in history on 10 May Uber lost more money last year than Trump lost in the 80s. UberSucks Repeating history NOT innovation IPO
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Uber treads cautiously with $82.4bn valuation ahead of market debutThe ride-hailing app is settling for a lower share price amid concerns about whether such companies are able to turn a profit.
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Uber drivers to go on strike over pay ahead of company's stock market flotationThe drivers say they are creating 'extraordinary wealth' for the minicab company but have been denied basic workers' rights. Lol they are self employ Get a better job Great shout o wait I’m self employed 🤦♂️🙈 those Uber drivers bless um 1 star rating
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