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The ride-hailing company is said to be valued at $120 billion. The company has yet to generate any profits for its early shareholders and debt-holders. In the recent quarter, Uber lost $1.1 billion on $2.95 billion revenue.

https://www.bloomberg.com/news/articles/2018-12-11/uber-is-said-to-select-morgan-stanley-to-lead-2019-ipo



Submitted December 12, 2018 at 07:53AM by markyu007 https://ift.tt/2QPNgyy

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