Uber offers ridesharing in some 700 cities but has bolder ambitions to reshape how people and goods are transported. – EPA pic, April 26, 2019.
UBER is aiming to make its stock market debut at a share price that would value the leading ride-share start-up between US$80 billion and US$90 billion, Bloomberg reported yesterday. Uber’s keenly anticipated initial public offering of shares is expected next month, and Bloomberg cited unnamed sources as saying it is considering pricing shares between US$44 and US$50.
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