A $100 billion price tag is still in Uber’s driving range. GinaChon rob_cyran
Ride-hailing app Uber Technologies filed a draft prospectus with the U.S. Securities and Exchange Commission on April 11. The company is seeking a valuation of between $90 billion and $100 billion, Reuters reported on April 10. It was valued at $76 billion in its last fundraising in the private market in 2018.
Separately, Lyft shares ended trading on April 11 at $61.01, more than 15 percent below its IPO price. It began trading on the Nasdaq on March 29.
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