On Friday, April 26, terms for the Uber IPO were revealed, according to CNBC. Further, it was also revealed that PayPal (NYSE:PYPL) is planning on investing in Uber Technologies.
Here’s what we know about the situation so far.
PayPal Investing in UberThe online payments company is said to be investing $500 million in Uber Technologies, a ride-hailing company that just set a price range for its IPO. According to the company, the price range for the Uber IPO is between $44 to $50 per share. And according to Refinitiv IFR, PayPal plans to ...
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