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Uber, on the heels of Lyft’s official documentation for its initial public offering, is expected to file its S-1 in April, Reuters reports. Uber, in December, filed confidential paperwork for its IPO.
Uber will also reportedly kick off its IPO roadshow next month. As part of its offering, Uber is also expected to reward some of its more active or long-time drivers with a cash award.
About a month ago, Uber reported $3 billion in Q4 2018 revenues with net losses of $865 million. That figure, however, was aided by a tax benefit that saved the company from reporting a $1.2 billion net loss in the period. On an adjusted, pro-forma basis, Uber’s net loss in the final quarter of
Read full article » https://techcrunch.com/2019/03/14/uber-will-reportedly-file-for-ipo-next-month/
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