CEO Dara Khosrowshahi says Uber is on track to go public later this year, a move that could make it the biggest IPO of 2019. WSJ’s Jason Bellini breaks down five ways Uber is preparing itself for its market debut. At that price, Uber, which had been targeting a range of $44 to $50 a share, would raise $8.1 billion and command a valuation of about $82 billion. That valuation makes it the largest U.S.-listed IPO since Alibaba Group Holding Ltd. went public in 2014. Still, it is less than the $90 billion to $100 billion the...

Source: Wall Street Journal May 09, 2019 17:26 UTC