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Uber aims for $90bn stock market debut

The taxi-app giant gives details of plans to join the stock market with shares estimated at $44-$50 each.

The ride-sharing firm is yet to make a profit, but it may attract a sky-high valuation when it floats.

The US ride-sharing has filed its plan to float, showing losses have narrowed but expenses will rise.

Lyft is the first tech company to float this year but the $24bn business is yet to make profit.

The ride-sharing firm expands into the Middle East with the acquisition of a Dubai-based rival.

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