Taxi service Uber, which provides services in 65 countries, submitted an application for an IPO to the Securities and Exchange Commission. According to informed sources, Uber filed documents confidentially and the exact date of the IPO is not known, The Wall Street Journal reported. However, according to sources, the initial public offering of its shares may take place in the first quarter of next year. It is reported that the company received proposals for an IPO from US banks Goldman Sachs and Morgan Stanley. It is expected that during the IPO, service can be estimated at 120 billion dollars. Earlier it was reported that another taxi service, Lyft, also plans an initial public offering of its shares in the first half of next year.
Former Uber self-driving head files for bankruptcy protection after $179 million loss to Google03.03.2020
GFL raises up to $1.4 billion in IPO07.02.2020
Uber expects gains at latter part of 2020 but braces for year of decline08.01.2020
Uber, Hyundai team up, bid for flying taxi in 2023