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

Sponsored Whitepapers

Five questions to ask before you upgrade to a SIEM solution
Five questions to ask before you upgrade to a SIEM solution
Effectively addressing advanced threats
Effectively addressing advanced threats
The risky business of open source
The risky business of open source
Ensure your e-signatures are legally binding
Ensure your e-signatures are legally binding
Mitigating open source risk in your organisation
Mitigating open source risk in your organisation

Events

Most Read Articles

Australia Post is building a digital twin of its delivery network

Australia Post is building a digital twin of its delivery network
Google threatens to withdraw search engine in Australia

Google threatens to withdraw search engine in Australia
NBN Co floats 250Mbps minimum order to get free fibre upgrade

NBN Co floats 250Mbps minimum order to get free fibre upgrade
NBN Co runs fixed wireless tower on diesel generator for over two years

NBN Co runs fixed wireless tower on diesel generator for over two years
You must be a registered member of iTnews to post a comment.
| Register

Log In

Username / Email:
Password:
  |  Forgot your password?