Ride sharing company Uber closed a new round of funding last week that valued the company at approximately $51 billion, making it one of the most valuable private companies ever.
At that price, Uber is also significantly larger than many publicly-traded companies; fewer than 100 U.S. firms have a larger market capitalization. Uber is larger than all but 15 consumer discretionary stocks, and is roughly the same size as General Motors (GM) and Target (TGT). Uber is now worth about 23.2x more than the New York Times (NYT) and more than twice Kellogg (K). Uber’s valuation is roughly equal to the combined market caps of the companies shown below:
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Reflects market capitalizations as of August 3, 2015
The table below displays Uber’s valuation relative to these and other well-known stocks.
Image may be NSFW.
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This article, Uber Valued at 23.2x New York Times, 2.2x Kellogg, first appeared on Dividend Reference.
