Apr 26, 2019
PayPal Will Invest About $500 Million in Uber at IPO Price: WSJ
Bloomberg News
,(Bloomberg) -- PayPal Holdings Inc. will invest around $500 million in Uber Technologies Inc. at the price of the ride-hailing company’s initial public offering through a private placement, the Wall Street Journal reported, citing unidentified people familiar with the matter.
- Pact to be announced Friday morning in a filing
- NOTE: Uber Said to Aim for IPO Valuation of as Much as $90 Billion (2)
To contact the reporter on this story: Michael Sin in Hong Kong at msin12@bloomberg.net
To contact the editors responsible for this story: Niluksi Koswanage at nkoswanage@bloomberg.net, Chua Baizhen, Dominic Lau
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