Uber IPO: key facts
Founded in 2009, the San Francisco-based ridesourcer helped disrupt and create an entire industry and has grown to be the biggest player in its field. Uber has diversified beyond its peer-to-peer ridesharing origins, branching out to food delivery and bicycle-sharing services. With an estimated 100 million users across 785 locations worldwide, Uber has huge reach – but questions remain about whether it can ever become profitable.
Company name: Uber Technologies Inc.
Ticker symbol: UBER
Exchange: New York Stock Exchange
Exp. listing date: early May
Exp. price range: USD 44-50
Filing amount: Up to USD 9 billion
Shares offered: 180 million
Exp. market cap: USD 73.7 – 83.8 billion
Available as: Cash stock*
*Saxo will offer trading on the secondary market from Uber’s first day as a listed company. Its shares will be available for online order entry after the markets close on the day before the listing date.
