Uber is going public at a $90 billion valuation

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  • Uber plans to raise more than $US10.3 billion in its initial public offering, potentially giving it a market capitalisation of $US90 billion.
  • The ride-hailing giant will offer 180 million shares at a price between $US44 and $US50 per share.

Uber plans to raise upwards of $US10.3 billion in one of the largest initial public offerings in history, securing the ride-hailing giant a market capitalisation of up to $US90 billion, according to a filing published on Friday.

The ride-hailing giant will offer 180 million shares at a price between $US44 and $US50 per share. It plans to list its shares under the symbol UBER.

This story is developing. Check back for updates.

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