https://www.cnet.com/news/uber-reportedly-plans-to-sell-10-billion-in-stock-in-ipo-next-month/

The ride-hailing startup is seeking a valuation of $90 billion to $100 billion, sources told Reuters. That range is a retreat of sorts from the previous valuation target of $120 billion investments bankers predicted before the disappointing performance of rival Lyft's IPO last month.

While Uber and Lyft offer the same service, hailing a ride with a smartphone app, it's expected each company will point potential investors to different aspects of its business. Uber will reportedly showcase itself as a global company with diverse features such as food delivery and flying cars. Lyft, much smaller, with services only in the US and Canada, is focusing on being a stable company that hasn't experienced the same kind of turmoil as Uber.