Uber aims for $90-billion IPO valuation

[Jamie McKane]

Uber aims for $90-billion IPO valuation

Uber Technologies Inc. is aiming for a valuation of about $80 billion to $90 billion in its initial public offering, just above its last private funding round, according to people familiar with the matter.

The ride-hailing company is planning to start marketing shares to potential investors in a price range of about $44 to $50 each, said the people, who asked not to be identified because the matter isn’t public.

 

[IRVING]

Company worth $90 billion but might never be profitable, I fail to understand how life works sometimes.

 

[ToxicBunny]

I would only consider investing in Uber about 2 hours after they list, once the share has fallen below its initial listing price...

 

[Johnatan56]

There is nothing stopping people from leaving the platform, there are alternatives and Uber is not really that established that a competitor can't come in and steal a large amount of market share.