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Uber has around 7 billion (last time I heard) and this year they will lose around 5 billion, maybe more. Uber is on track to run out of money in 2019, so a fin
by whoisjuan 8y ago
Uber has around 7 billion (last time I heard) and this year they will lose around 5 billion, maybe more.
Uber is on track to run out of money in 2019, so a financial event is inmminent. I don't know if we will see an Uber 2019 IPO, but if it doesn't happen is more likely due to the current bear market and not so much because they are considering a large acquisition.
If they acquire a scooter company I presume they will do it through a mix of debt and a heavy stock component. In fact it seems that they already raised another 2 billion through private placement bonds.