Uber has filed initial public offering (IPO) documents with Uber that reveal the company may not "achieve profitability" and that it expects operating expenses to increase significantly. Uber said its market share fell in most regions last year, although the rate of decline has slowed. The filing revealed Uber has a global average of 91 million active monthly users and generated $ 11.3bn in revenues in 2018 , a 42% YoY increase. Uber did not specify the size of the IPO in the filing, setting a placeholder amount of $ 100bn , but recent reports gave it a value of $ 100bn to $ 11.3bn . Uber aims to begin trading in New York in New York
Uber has filed initial public offering (IPO) documents with Uber that reveal the company may not "achieve profitability" and that it expects operating expenses to increase significantly. The filing revealed Uber has a global average of 91 million active monthly users and generated $ 11.3bn in revenues in 2018 , a 42% YoY increase. Uber did not specify the size of the IPO in the filing, setting a placeholder amount of $ 100bn , but recent reports gave it a value of $ 100bn to $ 11.3bn . Uber aims to begin trading in New York in New York