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A look at IPOs as Uber is ready to launch its own IPOs



The ride-sharing giant Uber is now officially on the way to going public. The new CEO, Dara Khosrowshahi, wears the engineering cap. Despite the controversy over recent years, the San Francisco based company plans to take the step in the second half of next year.

In an interview with CNBC, Khosrowshahi said Uber was "on track" in 2019 for its IPO news agency also reported that the company is still starting talks with banks, a big step on the road to a corporate coming-out party.

"We are in a good position in terms of profitability in terms of the company's profile and margins are getting better," he told the outlet, later repeating the news on the stage of the Recode Code Conference late Wednesday night , At this event, the CEO said Uber wanted to be the "Amazon for transportation".


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