Uber and Lyft Race Toward IPOs

4,199 views · Published 16 October 2018 · 4:23 · Indexed 26 September 2026

Channel: Bloomberg Tech · 2018 · News & Politics

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Oct.16 -- Uber Technologies Inc. was told by Morgan Stanley and Goldman Sachs Group Inc. that the ride-hailing company could be valued at about $120 billion in an initial public offering next year, people familiar with the matter said. Bloomberg's Alex Barinka and Eric Newcomer have more on "Bloomberg Technology."

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