Private Equity

Uber Valued At $82B In Ipo As Market Jitters, Lyft Woes Weigh

by uk.reuters.com posted 1year ago 46 views
Uber Technologies Inc priced its initial public offering on Thursday at the low end of its targeted range for a valuation of $82.4 billion (£6.22 billion), hoping its conservative approach will spare it the trading plunge suffered by rival Lyft Inc.

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