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

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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 ...

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