Uber's IPO filing dishes on frenemies, synergies and #DeleteUber

Uber's IPO filing dishes on frenemies, synergies and #DeleteUber

5 years ago
Anonymous $9jpehmcKty

https://www.cnet.com/news/ubers-s-1-ipo-filing-dishes-on-frenemies-synergies-and-deleteuber/

On Thursday, Uber publicly filed with the US Securities and Exchange Commission for what could be as much as a $120 billion initial public offering -- that would make it the largest US IPO in history. As a private company, Uber raised $14.9 billion giving it an estimated valuation of $76 billion. Uber will list on the New York Stock Exchange using the ticker symbol UBER. Its IPO could come as soon as early May.

"Ten years ago, Uber was born out of a watershed moment in technology," current Uber CEO Dara Khosrowshahi wrote in a letter included in the SEC filing. "What began as 'tap a button and get a ride' has become something much more profound."