After Uber’s disastrous IPO, 2019 proved to be a rough year for the ride-sharing giant.
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Uber is hitting the public markets on Friday with a valuation that could top $75 billion. The world’s biggest ride-hailing business debuts weeks after Lyft, its smaller rival.
Dara Khosrowshahi
Uber blame game starts after post-IPO tumble
The debate over how well Morgan Stanley and other banks handled the marquee offering is complicated by a lot of bad luck
lyft
IPO pricing said to value Uber at $82bn
San Francisco-based Uber is set to begin trading Friday on the New York Stock Exchange
Alphabet
Saudi Arabia’s sovereign wealth fund yet to cash in on Uber’s IPO
Saudi Arabia’s sovereign wealth fund and Google parent company Alphabet haven’t offered any of their shares for sale
Careem
Uber aims for stock market debut value of up to $84bn
San Francisco-based company, which announced a $3.1bn deal to buy Dubai-based Careem last month, could aim to raise up to $10bn in the listing
Careem
Uber files documents for IPO after Careem deal
Uber’s valuation in its latest private investment round was more than $70 billion
lyft
Uber is said to seek about $10bn in year’s biggest IPO
Uber said in February that it generated $50 billion in gross bookings last year, up about 45 percent from 2017
Dara Khosrowshahi
Uber said to file confidentially for IPO on Lyft’s heels
Prince Alwaleed-backed Lyft submitted its prospectus for an IPO on Thursday
Dara Khosrowshahi
Uber sees growth in Middle East, India after posting $1bn Q3 loss
Ride-hailing company is negotiating a $9.3 billion investment led by Saudi-backed SoftBank Group