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 media that Uber had reduced its top valuation following a lacklustre stock market debut for its largest rival in North America, Lyft.
While its shares climbed when trading first began last month, Lyft’s market value has plummeted since – down by 22% ahead of Friday’s opening.
