Uber prices IPO at $44-50, to raise $7.9-9B, PayPal takes $500M stake in strategic partnership

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Uber, the transportation-on-demand behemoth, today filed its much-anticipated updated S-1 today where it announced that it would be pricing its initial public offering at $44-50 per share. Selling 180 million common shares, Uber plans to raise between $7.9 billion and $9 billion ahead of its public debut on the NYSE, valuing it at $84 billion — …

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