Loss-making Uber valued at $82bn in US IPO

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On 9th May 2019, Uber priced its initial public offering at $45 per share. Image via Pixabay
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On 9th May 2019, Uber priced its initial public offering at $45 per share. Image via Pixabay

Uber IPO valuation unaffected by net loss of $3bn in 2018 and accumulated losses of $8bn

Ride-sharing firm Uber has been valued at $82 billion on its US initial public offering (IPO), or $45 a share - at the lower end of its original target range. At that price, the company will have a...

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