Good week

Financial Mail - - BETWEEN THE CHAINS -

Uber’s plans to go pub­lic seem fi­nally to be com­ing to­gether, de­spite all the con­tro­versy sur­round­ing the com­pany. CEO said the IPO was be­ing planned for the sec­ond half of 2019 but spec­u­la­tors think it could hap­pen sooner. Ac­cord­ing to The Wall Street Jour­nal, Uber could be worth $120bn when it lists, which im­plies that the ride-hail­ing pi­o­neer will be larger than Gen­eral Mo­tors, Fiat-chrysler and Ford com­bined. Ves­tact said Uber could be a po­ten­tial ad­di­tion to its port­fo­lio but only at the cor­rect price.

Dara Khos­row­shahi

Newspapers in English

Newspapers from South Africa

© PressReader. All rights reserved.