Uber to price IPO at $45, valuing company at $82 bn: source
Uber was preparing a share offering that values the global ridesharing giant at up to $82 billion, a source familiar with the deal said Thursday.
Uber was preparing a share offering that values the global ridesharing giant at up to $82 billion, a source familiar with the deal said Thursday.
Business
May 9, 2019
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Uber is set for its Wall Street debut Friday with a massive share offering that is a milestone for the ride-hailing industry and the so-called "sharing economy," but which comes with simmering concerns about its business ...
Business
May 9, 2019
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German industrial conglomerate Siemens said Wednesday it was sticking to its targets for 2018-19 after a steady second quarter, having announced the spinoff of its historic power and gas unit a day before.
Business
May 8, 2019
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WeWork, the fast-growing office-sharing startup, said Monday it had filed documents for a stock market listing to help fuel further expansion.
Business
Apr 29, 2019
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Uber pulled back on its ambitious valuation target Friday for its Wall Street debut, while still pricing its share offering in a range that would make it one of the largest in recent years in the tech sector.
Business
Apr 26, 2019
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Uber is aiming to make its stock market debut at a share price that would value the leading ride-share startup between $80 billion and $90 billion, Bloomberg reported on Thursday.
Business
Apr 26, 2019
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Japan's Softbank is to invest 900 million euros ($1 billion) in beleaguered German financial technology firm Wirecard, or a stake of about 5.6 percent, Wirecard announced Wednesday.
Business
Apr 24, 2019
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Companies that go public on the stock market provide an economic boost to the local communities where they're based, according to new research from Rice University's Jones Graduate School of Business.
Economics & Business
Apr 18, 2019
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There's some tech jubilance in the air on Wall Street and in Silicon Valley as a pair of newly public companies—Zoom and Pinterest—are seeing their stocks soar on their first trading day.
Business
Apr 18, 2019
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Pinterest on Wednesday announced it would price its initial public offering at $19 a share to begin trading on Wall Street the following day.
Business
Apr 18, 2019
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