Uber IPO Valuation May Top $40 Billion Despite Major Issues

Uber CEO Travis Kalanick announced Dec. 4 the company raised $1.2 billion in a recent round of funding. Multiple reports indicate Uber is now valued at $40 billion. Unfortunately for investors, that also means there will be another delay for the Uber IPO. The post Uber IPO Valuation May Top $40 Billion Despite Major Issues appeared first on Money Morning - Only the News You Can Profit From .