Uber aims for €82bn IPO

Car-hailing company Uber Technologies is aiming for a valuation of up to $91.5bn (€82bn) in its initial public offering, potentially the largest US listing in years and a test of investor appetite for a high-growth but highly unprofitable business.

The valuation that Uber is seeking in its IPO is less than the $120bn that investment bankers told Uber last year it could fetch, and closer to the $76bn valuation it attained in its last private fundraising round in 2018.