Uber sets IPO in motion, seeks to ‘ignite opportunity’

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AFP
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1555019555911556100
Fri, 2019-04-05 01:51

SAN FRANCISCO, US: Uber filed documents Thursday for its much-anticipated public share offering expected to be the largest in the tech sector in years, and a bellwether for other venture-backed startups eyeing Wall Street listing.
The filing with the Securities and Exchange Commission contained no specific pricing or timing for the market debut for Uber, which according to media reports was expected to raise some $10 billion.

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