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Uber IPO could value company at $120 billion (The New York Times)

October 17, 2018

Human cloud/ride-sharing firm Uber could be worth as much as $120 billion in an initial public offering, and it would be the biggest IPO since the Alibaba Group of China started trading in 2014, The New York Times reported. Uber’s IPO could be one of the biggest events next year for Wall Street. Meanwhile, fellow human cloud/ride-sharing firm Lyft chose JPMorgan Chase to lead its IPO; the latest funding round valued that company at $15 billion.