Uber 'picks New York Stock Exchange' for stock listing
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Ride-hailing firm Uber will list on the New York Stock Exchange, according to reports, in one of the most anticipated stock debuts of the year. The decision to opt for the Wall Street exchange over the tech-heavy Nasdaq was first reported by Bloomberg, citing sources.Uber is expected to launch its initial public offering in April and may be valued as high as $120bn .
The company did not immediately respond to a request for comment on the reports it would list on the New York Stock Exchange.But the New York Stock Exchange has secured some of world's biggest IPOs including Alibaba and General Motors.
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