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Uber proposals value company at $120 billion in a possible IPO

Updated : October 16, 2018 07:07 PM IST

The ride hailing company's most recent valuation was pegged at $76 billion, following a $500 million investment from Toyota Motor Corp in August.
Uber and smaller rival Lyft have been actively preparing to go public next year. While Lyft has hired IPO advisory firm Class V Group LLC, Uber is behind in its preparations.
Uber proposals value company at $120 billion in a possible IPO

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