As Uber IPO Date Approaches, Firm's Value Tops $50 Billion

Uber Technologies Inc. has reportedly completed a new round of funding that values the firm at more than $50 billion. According to The Wall Street Journal , Uber raised roughly $1 billion in this latest funding round. That makes it the highest-valued startup in the world. It also ties Facebook Inc.'s (Nasdaq: FB) record as highest valued startup pre-IPO. Here's everything else investors need to know now... Tags: Uber IPO , Uber IPO 2015 , Uber IPO 2016 , Uber IPO date , Uber IPO price , Uber stock , Uber valuation , Uber value To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post As Uber IPO Date Approaches, Firm's Value Tops $50 Billion appeared first on Money Morning - We Make Investing Profitable .
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