(Reuters) - Ride-hailing company Uber Technologies Inc [UBER.UL] could be valued at $120 billion, when it finally goes public next year according to proposals made by U.S. banks bidding to run the offering, the Wall Street Journal reported on Tuesday.
The proposed valuation of the company is about $50 billion more than the company’s most recent valuation, setting the stage for what would be one of the biggest listings ever.