New Uber CEO Says Company Could Go Public in 18 Months - News Summed Up

New Uber CEO Says Company Could Go Public in 18 Months


Uber Technologies Inc.’s new chief executive, Dara Khosrowshahi, said the ride-hailing company could go public in as soon as 18 months, setting the stage for one of the most highly anticipated initial public offerings. At his first appearance in front of employees for the ride-hailing firm Wednesday, Mr. Khosrowshahi set a timeline for an IPO of between 18 and 36 months, though he indicated that wasn’t a firm deadline, according to a person who attended the meeting. The wide range gives Mr. Khosrowshahi some leeway to...


Source: Wall Street Journal August 30, 2017 18:45 UTC



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