Uber valued at US$82 billion in IPO as market jitters

By on
Uber valued at US$82 billion in IPO as market jitters

Most high-profile US listing since Facebook.

Uber priced its initial public offering on Thursday at the low end of its targeted range for a valuation of US$82.4 billion, hoping its conservative approach will spare it the trading plunge suffered by rival Lyft. It is an underwhelming result for the most anticipated IPO since Facebook's ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
finance ipo software uber

Most Read Articles

Centrelink's new payments engine enters build phase

Centrelink's new payments engine enters build phase
Defence worried its $1.8bn Telstra-built network needs urgent action

Defence worried its $1.8bn Telstra-built network needs urgent action
NAB to restructure IT, cut staff

NAB to restructure IT, cut staff
Inside NEXTDC's new Sydney data centre, S2

Inside NEXTDC's new Sydney data centre, S2
You must be a registered member of iTnews to post a comment.
| Register

Whitepapers from our sponsors

Government Digital Transformation Requires Customer Obsession
Government Digital Transformation Requires Customer Obsession
Master the fundamentals of AWS cost efficiency
Master the fundamentals of AWS cost efficiency
Get IT, finance and business on the same page
Get IT, finance and business on the same page
Why is DevSecOps important to your business?
Why is DevSecOps important to your business?
Architecting Hybrid IT & Edge for Digital Advantage
Architecting Hybrid IT & Edge for Digital Advantage

Events

Log In

Username / Email:
Password:
  |  Forgot your password?