• Uber Confidentially Files for IPO Following Rival Lyft

    5 days ago - By Fortune

    Uber Technologies has filing for an initial public offering, joining its competitor Lyft in a race to the investor market.
    Dubbed “Project Liberty,” Uber filed paperwork confidentially this week for its IPO and may beat Lyft to be the first on the market in 2019, reported The Wall Street Journal .
    Uber's IPO sets the stage as one of the biggest technology listings ever for Silicon Valley. Recent private financing, reported by Venture Beat , has the company worth $76 billion and if gone public, it could be worth $120 billion in IPO. This would surpass popular companies, including Airbnb and...
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