Inside Uber’s troubled I.P.O. The story of Uber’s disappointing I.P.O. Bankers from Morgan Stanley said last fall that the company could be worth around $120 billion. The $120 billion figure was important for Dara Khosrowshahi, who became Uber’s C.E.O. Its once-meteoric growth rate slowed, particularly after SoftBank, which went on to invest in Uber, and Didi Chuxing, a Chinese ride-hailing frenemy, invested in the company’s Latin American rivals.

Source: New York Times May 16, 2019 10:27 UTC