Uber plans to refinance $1 billion valuation will exceed 60 billion

Uber plans to refinance $1 billion valuation will exceed 60 billion

Sina

technology news Beijing time on October 24th morning news, "New York Times" quoted sources as saying that Uber is planning a new round of financing of $1 billion, while the valuation will reach $60 billion to $70 billion. 3 months ago, Uber just completed a round of financing.

if Uber to complete the financing of this valuation, it will become the world’s highest valuation of venture capital companies so far. In this round of financing in the summer, Uber’s valuation of more than $50 billion, more than the level of the last round of venture capital financing before the 2011 Facebook listing.

In addition to rising market capitalization

, Uber financing rhythm also makes the outside world attention. The latest round of financing will be Uber’s eighth round of financing over the past 5 years.

sources said that in the coming weeks, Uber will start negotiations with investors, then Uber will determine a more accurate financing scale and valuation. Uber executives and board of directors have approved a new round of financing, and formal contact with investors will begin in the next few weeks.

Uber spokesman declined to comment on the news.

Uber CEO Travis · (Uber g) (Travis Kalanick), said the company has no intention of listing in the short term. "We’re like 8 year old students," he said at the WSJDLive conference this week at the Wall Street journal. Some people tell us we can graduate from high school, but it’s still too early. We should go to high school, and then we’ll talk about it."

recently, the U.S. stock market is not conducive to enterprise IPO (IPO), so many startups are staying private longer. In the global economic slowdown led to the stock market volatility, investors of listed companies more and more severe. According to PitchBook data, the current time of the establishment of the company listed on the median of 7.7 years, higher than in 2011 when the year of 5.8. (Li Li)

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