Uber Technologies Inc. recently received proposals from Wall Street banks valuing the ride-hailing company at as much as $120 billion in an initial public offering that could take place next year, according to people familiar with the matter.

BING NEWS:
  • 'Wall Street Journal' layoffs continue, despite lucrative AI deal and record profits
    The Wall Street Journal conducted another round of layoffs, explaining that it was pulling back from regional and local general news. It already has cut staff in Washington and abroad.
    05/30/2024 - 11:32 am | View Link
  • PayPal hires Uber’s former head of advertising to run new ad division
    Digital payments company PayPal (PYPL) has reportedly hired Mark Grether, who formerly led Uber’s (UBER) advertising business, to lead the effort as senior ...
    05/28/2024 - 12:12 am | View Link
  • Is Uber Technologies Stock Going to $100? 1 Wall Street Analyst Thinks So
    Uber trades at an enterprise value -to-EBITDA multiple of 23, based on Wall Street's adjusted EBITDA estimate for 2024. With analysts projecting adjusted EBITDA to reach $10.9 billion in 2026, the ...
    05/9/2024 - 9:35 pm | View Link
  • Amazon Stock Has 30% Upside, According to 1 Wall Street Analyst. Is the Stock a Buy Near Its All-Time High?
    The analyst is on to something. On the conference call to discuss Amazon's fourth-quarter results, CFO Brian Olsavsky said the company was making "meaningful progress on delivery speeds in the ...
    04/19/2024 - 12:04 am | View Link
  • Wall Street
    These popular, affordable funds allow you to zero in on specific industries. The Latest The U.S. stock market is closed Monday, May 27 in observance of Memorial Day. Here's a full schedule of ...
    08/12/2020 - 2:48 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News