{"id":514562,"date":"2026-06-28T03:12:21","date_gmt":"2026-06-28T03:12:21","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/514562\/"},"modified":"2026-06-28T03:12:21","modified_gmt":"2026-06-28T03:12:21","slug":"lime-backed-by-uber-uber-seeking-valuation-of-up-to-1-66-billion-in-u-s-ipo","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/514562\/","title":{"rendered":"Lime, Backed by Uber (UBER), Seeking Valuation of Up to $1.66 Billion in U.S. IPO"},"content":{"rendered":"\n

Uber Technologies, Inc. (NYSE:UBER<\/a>) is one of the safe stocks for beginners to buy in 2026<\/a>. Reuters reported on June 22 that Lime, backed by Uber Technologies, Inc. (NYSE:UBER), is seeking a valuation of up to $1.66 billion in its U.S. IPO as it looks to capitalize \u200con improving investor appetite for new listings. It further reported that a rebound has been observed in the IPO market, which was caused by the volatility due to the Iran war, and many hopeful issuers are pushing ahead “with their plans to go public \u200bas strong equity markets and blockbuster IPOs shore up investor demand”. Reuters added that some selling shareholders are looking to sell about 6.96 million shares in total, which are \u200bpriced between $24 and $26 apiece, aiming to raise up to $181.9 million. <\/p>\n

\"Uber<\/a> Uber Technologies (UBER) – Among the 10 Best Stocks to Buy Now for a $1 Million Portfolio <\/p>\n

In a separate development, Reuters reported on June 8 that Uber Technologies, Inc.’s (NYSE:UBER) users can sign up for a chance to ride in the first robotaxis in London as soon as the go-ahead is achieved from regulatory authorities for the launch, which is expected to arrive in the coming months. It further reported that the robotaxis will employ AI technology from the British startup Wayve and will drive themselves around the city’s streets. However, they will initially have trained operators behind the wheel to monitor the system. <\/p>\n

Uber Technologies, Inc. (NYSE:UBER) operates as a technology platform that offers ride services and merchant delivery service providers for food, groceries, meal preparation, and other delivery services. The company’s operations are divided into Delivery, Mobility, and Freight. It is pioneering the introduction of autonomous vehicles to move people and goods more reliably, efficiently, and affordably. <\/p>\n

While we acknowledge the potential of UBER as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the <\/a>best short-term AI stock<\/a>. <\/p>\n

READ NEXT: <\/a>15 Stocks That Will Make You Rich in 10 Years<\/a> AND <\/a>12 Best Stocks That Will Always Grow<\/a>. <\/p>\n

Disclosure: None. <\/a>Follow Insider Monkey on Google News<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"Uber Technologies, Inc. (NYSE:UBER) is one of the safe stocks for beginners to buy in 2026. Reuters reported…\n","protected":false},"author":2,"featured_media":514563,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[114,28064,85,756,115397,46,80042],"class_list":["post-514562","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-delivery-services","tag-il","tag-inc","tag-ipo-market","tag-israel","tag-uber-technologies"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/514562","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=514562"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/514562\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/514563"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=514562"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=514562"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=514562"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}