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Uber IPO filing reveals SoftBank as largest shareholder

Public valuation as high as $100bn comes amid slowing sales

The American ride-hailing giant will likely debut on the New York Stock Exchange in May.

PALO ALTO, U.S. -- Ride-hailing company Uber Technologies filed for its initial public offering in the U.S. on Thursday, revealing Japan's SoftBank Group as its largest shareholder.

According to U.S. media reports, the public valuation could go as high as $100 billion, which would make it the biggest American IPO of the year despite Uber's slowing sales.

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