Uber unveils IPO terms well below expectations

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Uber unveils IPO terms well below expectations

One-third below what insiders had hoped for.

Uber Technologies Inc, the world's largest ride-hailing company, plans an initial public offering that values the company as much as one-third below what the startup's insiders had hoped for, between US$80.5 billion and US$91.5 billion. The valuation, outlined in a regulatory filing on Friday, ...

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