Deals
Uber Seeks About $10 Billion in Year’s Biggest IPO
- Ride-hailing’s No. 1 to soon open books to entice investors
- Uber could file IPO as soon as Thursday, begin trading in May
This article is for subscribers only.
Investors could get their first look at hundreds of pages of detailed information about Uber Technologies Inc. as soon as Thursday, as the ride-hailing giant gears up to publicly file for an initial public offering.
The global ride-hailing company will kick off a road show to market shares to potential investors this month and would begin trading publicly in May, said people familiar with the matter, who asked not to be identified because the information is private. Uber is seeking to raise about $10 billion, one of the people said.