Uber sets IPO terms, seeks to raise $10.3b at $91.5b valuation

Uber sets IPO terms, seeks to raise $10.3b at $91.5b valuation

An Uber car in traffic. Photo by Dan Gold on Unsplash

Uber Technologies Inc unveiled terms for its initial public offering on Friday, telling investors the ride-hailing company and insiders would seek to sell as much as $10.35 billion in stock at a valuation of up to $91.5 billion.

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