Uber Sets IPO Price Unlisted Video
5 years ago
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Bloomberg is reporting that Uber is expected to set a price range of $44 to $50 for its upcoming initial public offering.
The ride-hailing company could raise between $8 billion and $10 billion in the public listing, according to the report.
Business Insider reports that at that valuation, Uber would be worth more than the automakers Ford and Fiat Chrysler combined.
The report added that the final details of that price range could still shift.
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