{"id":111043,"date":"2019-04-26T17:03:05","date_gmt":"2019-04-26T16:03:05","guid":{"rendered":"https:\/\/arewa.ng\/?p=111043"},"modified":"2019-04-26T18:21:14","modified_gmt":"2019-04-26T17:21:14","slug":"uber-seeks-market-value-of-up-to-84bn-in-share-sale","status":"publish","type":"post","link":"https:\/\/arewa.ng\/?p=111043","title":{"rendered":"Uber seeks market value of up to $84bn in share sale"},"content":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/e3.365dm.com\/19\/04\/70x70\/skynews-uber-car-taxi_4636762.jpg?20190412070303\"><\/p>\n<div data-component-name=\"sdc-article-body\">Uber is seeking a market value of up to $84bn in its planned flotation, according to documents filed with regulators.<\/p>\n<p>The ride hailing firm said it planned to offer 180 million shares in its Initial Public Offering (IPO) at a price of between $44-per share to $50-per share.<\/p>\n<p>It had been widely reported in US media that Uber had reduced its top valuation following a lacklustre stock market debut for its largest rival in North America, Lyft.<\/p>\n<p>While its shares climbed when trading first began last month, Lyft&#8217;s market value has plummeted since &#8211; down by 22% ahead of Friday&#8217;s opening.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Uber is seeking a market value of up to $84bn in its planned flotation, according to documents filed with regulators. The ride hailing firm said it planned to offer 180 million shares in its Initial Public Offering (IPO) at a price of between $44-per share to $50-per share. It had been widely reported in US [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":111044,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[2371],"class_list":["post-111043","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more","tag-uber"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/arewa.ng\/index.php?rest_route=\/wp\/v2\/posts\/111043","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/arewa.ng\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/arewa.ng\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/arewa.ng\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/arewa.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=111043"}],"version-history":[{"count":0,"href":"https:\/\/arewa.ng\/index.php?rest_route=\/wp\/v2\/posts\/111043\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/arewa.ng\/index.php?rest_route=\/wp\/v2\/media\/111044"}],"wp:attachment":[{"href":"https:\/\/arewa.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=111043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/arewa.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=111043"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/arewa.ng\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=111043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}