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Uber makes confidential filing for long-awaited IPO

Reuters  |  NEW YORK/SAN FRANCISCO, 

By Joshua Franklin and Heather SomervilleNEW YORK/SAN FRANCISCO, (Reuters) - Uber Technologies Inc has filed paperwork for an initial public offering, according to three people with knowledge of the matter, taking a step closer to a key milestone for one of the most closely watched and controversial companies in Silicon Valley.The ride-hailing company filed the confidential paperwork on Thursday, one of the sources said, in lock-step with its smaller U.S. rival, Lyft Inc, which also announced on Thursday it had filed for an IPO.The simultaneous filings extend the protracted battle between ...

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First Published: Sat, December 08 2018. 10:04 IST
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