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Just three days into the IPO roadshow, Uber has already generated enough demand to sell its 180 million shares, Bloomberg reported on Tuesday, citing unnamed sources.
The US giant is expected to report a valuation of up to $ 90 billion when it sets its prices next week, May 9, the company said in updated regulatory documents. This figure is down from the $ 120 billion reported in recent months.
Business Insider announced earlier this week that supply managers and bankers would travel to the United States to attend more meetings with investors in New York, as well as in San Francisco and New York. the Midwest.
Lyft, Uber's biggest competitor, which began operations at the end of March, was also awarded an oversubscribed IPO portfolio. About a month after the start of trading its shares, Lyft's market value dropped by about 22%, despite higher prices than the initially scheduled window.
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