FIRST AIRED: April 26, 2019

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COMING UP:Share Opener Variant 1

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Transcript

00:00:00
eighty to ninety billion dollars that's the market valuation ride hailing apps uber is aiming for when it lists shares on the stock market according to Reuters sources who said over plans to unveil terms for its initial public offering on Friday %HESITATION worries on track for one of the biggest tech IPOs and the largest since Chinese economists giant Ali Baba listed shares in New York in twenty fourteen the value of its market debut would only be slightly higher than uber's most recent valuation in the private fundraising market at seventy six billion dollars and it's much lower than the hundred twenty billion dollar IPO whisper number uber was once told it could fetch the more moderate expectation reflects the poor stock performance of its smaller rival lift which listed last month lift shares are over twenty percent lower from the listing price as skepticism rises about its path to profitability and uber's losses are even bigger over will take to the road starting on Monday to sell its story to investors setting the stage for the company to debut on the New York Stock Exchange in early may