Like Lyft, Uber this week submitted its IPO filing confidentially to the U.S. Securities and Exchange Commission, said the person, who asked not to be identified because the matter was private.
Uber CEO Dara Khosrowshahi previously told FOX Business the company was on course to go public in the latter half of 2019, but as the race between the two ride-hailing companies heats up, it's possible it may happen sooner than originally planned.
Uber chose Morgan Stanley and Goldman Sachs group in October with the banks telling the company it could be worth US$120 million on the public markets.
Uber came under fire more than a year ago after public scrutiny into the company's workplace culture that many said included sexual harassment and discrimination.
Uber's debut will be a test of investor tolerance for legal and workplace controversies, which embroiled Uber for most of previous year, and on Chief Executive Dara Khosrowshahi's progress in turning around the company. Uber itself does not want to comment on the message in the first place.
Messi makes more LaLiga history with goals record
Serbian tennis star Novak Djokovic has congratulated Croatian football star Luka Modric on winning the 2018 Ballon d'Or award. Juventus are just behind him with 18, Miralem Pjanic and Paulo Dybala the pair to thank most for their number.
Le suprémaciste blanc coupable de meurtre
Le jury composé de sept femmes et cinq hommes a déterminé que l'accusé avait délibérément lancé sa Dodge Challenger dans la foule. Le 12 août 2017, il avait foncé avec sa voiture sur un groupe de manifestant qui protestait contre un rassemblement nationaliste.
For over two years now, Uber has been hoping to enter an IPO, and has been working in line for the same.
Its revenue for the quarter was US$2.95 billion, a 5 percent boost from the previous three months. Its IPO will be underwritten by JPMorgan Chase and Credit Suisse Jeffries.
First Round Capital, Lowercase Capital and others stand to earn big from Uber's exit - all were participants in some of the company's earliest venture capital rounds. Lyft, Uber's largest competitor in the USA, will likely take the plunge in the first quarter of 2019, too.
In a way Uber's IPO will taste investor's appetite for a company that at present is making considerable losses.
Nonetheless, today Uber is in a much better position than it was a year before.
The businesses include freight hauling, food delivery and electric bike and scooter rentals.
Since then, she's changed her surname on Instagram to her husband's, and has shared countless photos of him. Instagram star and DJ Chantel Jeffries , with whom Bieber was romantically linked back in 2014 and 2016.
Darius reassures them confidently that he will emerge from all the controversies with an untarnished reputation, saying: 'Yeah. I'm making America great again. "And what these feds don't realize is that I'm the President!" And even though I may be black.
Un carton plein à confirmer le week-end prochain avec les retrouvailles avec les Londoniens, mais dans la Ville Rose cette fois. Pour ce choc, le dauphin de Clermont en Top 14 enregistre les retours de Jerome Kaino et Lucas Pointud, suspensions purgées.
La veille, il avait fini en très forte baissede 3,32%.Au cours de la semaine écoulée, l'indice a perdu 3,81%. Le Nasdaq descend sous les 7'000 points en lâchant plus de 3% et le Dow Jones perd 2,24% à 24'388,95 points.
While he's never been a must-see quarterback like Aaron Rodgers or Peyton Manning, Flacco had moments where he was very good. At only age 21, Jackson looks like he's plenty ready for the NFL, and he has a lot of football ahead of him.
And it's hard to grow the amoeba in the lab, because it doesn't grow on agar, a commonly used cell-culturing medium used in labs. What happened: The woman had been filling her neti pot with unfiltered water and using it to try to clear up a sinus infection .
Donald Trump (right) speaks during an infrastructure summit with governors and mayors in Washington, D.C., on June 8, 2017. Comey and House Democrats said the interview was a waste of time, consumed with questions about Hillary Clinton's emails.
Miller said she has been a longtime James fan and it was nice to receive a gift like that from him. LeBron James and the Los Angeles Lakers couldn't extend their winning streak to 5 games.
The Lakers Are Reportedly Pursuing A Major NBA Trade
The Lakers are engaged in trade talks to acquire forward Trevor Ariza from the Suns, according to ESPN's Adrian Wojnarowski . General manager Rob Pelinka represented Ariza in his career as an agent before he joined Los Angeles' front office.
Dr Who will be back - but not until 2020
That means there's just one more dose of Doctor Who left before the long hiatus, the New Year's Day Special episode "Resolutions". Series eleven came to an end on Sunday evening, with the Doctor answering distress calls from a battle-scarred planet.
Elderly Florida woman run over by purse thief
Surveillance video shows the scary moment an elderly woman was almost ran over while chasing after a man who stole her purse. The man could be seen in the video sneaking up behind the woman and grabbing her purse before making a dash for the door.
Dolphins' Howard to sit out Sunday
At game's end, Gronkowski had given up almost as many yards (three penalties for 25) as he'd gained (three receptions for 26). The last time the Dolphins played the Patriots on September 30, New England rushed for 175 yards in the 38-7 victory.