Uber raises $8.1b in IPO after pricing shares near bottom of range

An Uber car in traffic. Photo by Dan Gold on Unsplash

Uber Technologies Inc. raised $8.1 billion in its initial public offering after pricing shares near the bottom of their marketed range.

The ride-hailing company sold 180 million shares for $45 each, according to a statement Thursday. It had marketed them for $44 to $50 apiece.

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