Uber files with SEC for its IPO

Uber files with SEC for its IPO

5 years ago
Anonymous $fWzGa1uP8i

https://www.cnet.com/news/uber-files-with-sec-for-its-ipo/

Uber will list on the New York Stock Exchange using the ticker symbol UBER. Its IPO could come as soon as early May.

The company reported revenue of $11.3 billion in 2018 on $49.8 billion in bookings, that's up 42 percent in revenue from 2017. However, it also lost $1.8 billion in 2018, as measured by EBITDA, a profitability metric. That's down from a loss of $2.6 billion in 2017.