Uber plans to go public


REUTERS: Ridesharing company’s intentions come to light in leaked slideshow for investors.

Share this article!

REUTERS: Ridesharing company’s intentions come to light in leaked slideshow for investors.

The ride-hailing service, which operates in over 50 countries, keeps 20 percent of booking revenue, showed a confidential slideshow prepared by Chinese bankers with input from Uber, aimed at soliciting investment in a fund participating in Uber’s Series F financing.

Based on those figures, 2015 revenue would be roughly $2 billion, according to a Reuters calculation.

Read the story here.