Uber valued at $82 billion in IPO as market jitters, Lyft woes weigh

Uber valued at $82 billion in IPO as market jitters, Lyft woes weigh

5 years ago
Anonymous $9jpehmcKty

https://www.reuters.com/article/us-uber-ipo-preview/uber-valued-at-82-billion-in-ipo-as-market-jitters-lyft-woes-weigh-idUSKCN1SF16G

Uber Technologies Inc priced its initial public offering on Thursday at the low end of its targeted range to value the company at $82.4 billion, hoping the conservative approach would let it avoid the market chaos suffered by rival Lyft.

Uber valued at $82 billion in IPO as market jitters, Lyft woes weigh

May 9, 2019, 10:20pm UTC
https://www.reuters.com/article/us-uber-ipo-preview/uber-valued-at-82-billion-in-ipo-as-market-jitters-lyft-woes-weigh-idUSKCN1SF16G >Uber Technologies Inc priced its initial public offering on Thursday at the low end of its targeted range to value the company at $82.4 billion, hoping the conservative approach would let it avoid the market chaos suffered by rival Lyft.