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Uber is going public at up to $90 billion valuation

April 26, 2019


Uber’s initial public offering will raise upward of $10.3 billion in what would be one of the largest IPOs in history, according to a Securities and Exchange Commission filing published Friday.

The ride-hailing giant says it expects to offer 180 million shares at a price between $44 and $50 a share, giving it a prospective market cap between $79 billion and $90 billion. Uber plans to list its shares on the New York Stock Exchange under the symbol UBER.

“Building this platform has required a willingness to challenge orthodoxies and reinvent — sometimes even disrupt — ourselves,” said CEO Dara Khosrowshahi in the filing.

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