An Uber IPO in 2017 is Too Risky
Uber Technologies Inc. is not publicly traded, and therefore not obliged to disclose its financial performance, but it organizes a quarterly conference call with some investors. These include some big names in the world of finance, such as Goldman Sachs Group Inc (NYSE:GS). The latest call does not suggest that investors can expect an Uber initial public offering (IPO) in 2017 or anytime soon. That's because the U.S.-based (but global) smartphone-app-based ride-sharing service managed to lose some $1.27 billion in the first.
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Uber Technologies Inc. is not publicly traded, and therefore not obliged to disclose its financial performance, but it organizes a quarterly conference call with some investors. These include some big names in the world of finance, such as Goldman Sachs Group Inc (NYSE:GS). The latest call does not suggest that investors can expect an Uber initial public offering (IPO) in 2017 or anytime soon. That's because the U.S.-based (but global) smartphone-app-based ride-sharing service managed to lose some $1.27 billion in the first.
Den vollständigen Artikel lesen ...