The ride-hailing company is planning to start marketing shares to potential investors in a price range of about US$44 to US$50 each.
Uber’s long-awaited roadshow for what is expected to be 2019’s biggest US IPO is expected to kick off on April 26.
Uber could aim to raise about US$8 billion to US$10 billion in the listing, though the final details of the pricing may still change, the people said. Last year, bankers jockeying to lead the offering told Uber it could be valued at as much as US$120 billion in an IPO. Uber’s ride-hailing rival has a market value of US$16.1 billion as of Thursday, much closer to its last private funding round at US$15.1 billion.
Money-losing Uber is one of a swarm of tech-related companies that have gone public this year or are considering it.
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