Uber Technologies Inc. is now valued at more than $50 billion and is expected to bring in roughly $2 billion in revenue this year.
But when it comes to the Uber IPO, the company has already made one major mistake.
By Kyle Anderson, Associate Editor, Money Morning • @KyleAndersonMM -
Uber Technologies Inc. is now valued at more than $50 billion and is expected to bring in roughly $2 billion in revenue this year.
But when it comes to the Uber IPO, the company has already made one major mistake.
By Kyle Anderson, Associate Editor, Money Morning • @KyleAndersonMM -
Uber Technologies Inc. is now valued at more than $50 billion and is expected to bring in roughly $2 billion in revenue this year.
But when it comes to the Uber IPO, the company has already made one major mistake.
By Kyle Anderson, Associate Editor, Money Morning • @KyleAndersonMM -
Uber Technologies Inc. has reportedly completed a new round of funding that values the firm at more than $50 billion.
According to The Wall Street Journal, Uber raised roughly $1 billion in this latest funding round. That makes it the highest-valued startup in the world. It also ties Facebook Inc.'s (Nasdaq: FB) record as highest valued startup pre-IPO.
Here's everything else investors need to know now...
By Money Morning Staff Reports, Money Morning -
Halfway through the year and still no clear timeline on when to expect an Uber IPO date - but you can still start to make money on this year's best new tech stocks...
During the first part of 2015, investors expected that an Uber IPO would be the year's hottest tech offering.
The consensus view is that an Uber IPO is in the offing - just not yet.
By Kyle Anderson, Associate Editor, Money Morning • @KyleAndersonMM -
The ride-hailing startup Uber is in a round of funding that could value the company at an astonishing $50 billion, according to a new report from The Wall Street Journal.
For investors, that also means there will be another delay for the Uber IPO.
By Kyle Anderson, Associate Editor, Money Morning • @KyleAndersonMM -
The Uber IPO will be one of the most hyped initial public offerings in history when the ride-hailing company comes to market - which could be this year.
A $1.2 billion round of funding in December valued Uber at more than $41 billion. It operates in more than 250 cities across 55 countries. With that most recent funding round, Uber has now raised eight times as much capital as its closest competitor Lyft Inc.
But before an Uber IPO can occur, the company has some major issues it must fix.
And the biggest problem that could derail an Uber IPO today is how many places have banned Uber...