Do Uber's Recent Numbers Support Its IPO Valuation?

Street.Com - 11-15

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No, that's not a typo. The ride-hailing company is looking to garner a valuation that, less than a year ago, stood at about $70 billion. It clearly still has an appetite for capital, as it raised a boatload of cash from SoftBank (SFTBY) and recently priced $1.5 billion worth of bonds last month.