9 months ago

Uber, which previously unveiled plans to become a public company, does not take any steps to enter the announced IPO, which leads market experts to speculate that Uber can plan an ICO.

Earlier, Uber CEO stated in an interview with CNBC: “I believe we are on our way to an IPO in 2019”. However, a source familiar with the company’s affairs reports that the company has not even started negotiating with banks. Also according to the Fin24 report, the company lost more than $ 312 million in the last quarter. Allegedly, ICO may be a way to get back on track for Uber.

Lyft (the main competitor to Uber) is preparing for an IPO, like many tech companies. However, recently, especially after the success of Telegram, many firms are thinking about holding an ICO.