The corporate-backed ride hailing service intends to seek a valuation of up to $100bn in its initial public offering and plans to officially file tomorrow.

US-based ride hailing platform Uber, which counts several corporates as investors, plans to file for an initial public offering with a $10bn target, Reuters reported yesterday, citing people familiar with the matter. The company intends to file for the offering tomorrow with a view to going public in early May, and will look to float…

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