Uber released its long-awaited IPO prospectus. The company will list on the fresh York Stock Exchange under the symbol “UBER.”
The company has self-reported unaudited financials for several quarters — one of the few tech giants required to debut This specific year to do so. that will means the public S-1 serves less as the typical first look into financials and also also also acts more as a contextualized official record.
The filing comes about two weeks after rival Lyft debuted on the public markets.
The two ride-hailing companies had been racing toward the public markets practically in tandem, though Uber’s offering is usually likely to be significantly larger, and also also also one of the largest offerings This specific year. The company was previously reported to be seeking a valuation of up to $0 billion.
Uber is usually required to provide a cost range for its shares later This specific month and also also also go public in May.
Below are the highlights by Uber’s filing.