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Axios
Axios
Business
Kia Kokalitcheva,

UNCOVERED: Uber files for what would be one of the 10 largest ipos of all time - The Untold Story

Illustration: Aïda Amer/Axios

Uber on Thursday filed for its long-awaited IPO, on the heels of a recent listing for smaller ride-hail rival Lyft.

The bottom line: Uber filed to raise $1 billion, but that is said to be a placeholder for actual plans to raise $10 billion. That latter number would be the eighth-largest U.S. IPO of all time.

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