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News report says Uber bookings to rise threefold, IPO within two years — web

August 21, 2015

Reuters reported Uber’s global bookings are projected to rise threefold this year to $10.84 billion this year based on a leaked presentation for potential investors seen by the news agency. The presentation also forecast an initial public offering of Uber Global within 18 to 24 months, according to the news agency. Uber did not comment on the numbers.

Reuters reported Uber’s bookings, or gross revenue, reached $2.91 billion last year. Staffing Industry Analysts, in its Human Cloud Landscape report that came out last month, ranked Uber as the largest human cloud company. The report covered gross revenue in 2014 and estimated Uber’s gross revenue that year at $2.70 billion, close to the figure Reuters reported in the leaked documents.