Uber CEO Says Market Turmoil Won’t Derail IPO Plans
The ride-hailing giant is on track to list this year, Dara Khosrowshahi says in an interview
Uber Technologies Inc. Chief Executive Dara Khosrowshahi said market turbulence in the U.S. would be unlikely to affect the ride-hailing titan’s plans for a public listing.
“Any company that’s going public would like to do it in a positive, stable market,” Mr. Khosrowshahi said in an interview Tuesday in Singapore. But the startup is large and flexible enough to go public in almost any market, he said. “We’ll do it when we’re ready, and, hopefully, the markets will be in a good state."
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