Uber Eats Is Worth as Much as $20 Billion in Proposed Valuation
Photo Credit: Uber Everything head Jason Droege speaking with Skift Table's Kristen Hawley at Skift Tech Forum in Santa Clara, CA in June 2018. Skift
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Uber sees value in multiple business lines that take advantage of its technology, insights, and brand. But Uber Eats is a big business on its own by any measurement.
An Uber initial public offering in 2019 could be worth as much $120 billion according to valuation proposals created by Goldman Sachs Group, Inc and Morgan Stanley, the Wall Street Journal is reporting.
The banks have not been hired to underwrite the IPO, but are positioning themselves to do so. According to the Journal "The valuations hinge in part on highlighting the potential of Uber's businesses outside its ride-hailing app, some of the people said."
The Uber Eats portion of
