Uber sets terms for IPO, posts $1 billion first-quarter loss

Uber sets terms for IPO, posts $1 billion first-quarter loss

5 years ago
Anonymous $9jpehmcKty

https://www.reuters.com/article/us-uber-ipo/uber-sets-terms-for-ipo-posts-1-billion-first-quarter-loss-idUSKCN1S213G

Ride-hailing company Uber Technologies Inc is aiming for a valuation of up to $91.5 billion in its initial public offering, potentially the largest U.S. listing in years and a test of investor appetite for a high-growth but highly unprofitable business.

Uber sets terms for IPO, posts $1 billion first-quarter loss

Apr 26, 2019, 12:42pm UTC
https://www.reuters.com/article/us-uber-ipo/uber-sets-terms-for-ipo-posts-1-billion-first-quarter-loss-idUSKCN1S213G >Ride-hailing company Uber Technologies Inc is aiming for a valuation of up to $91.5 billion in its initial public offering, potentially the largest U.S. listing in years and a test of investor appetite for a high-growth but highly unprofitable business.