The ride-hailing company Uber will be making its stock market debut on Friday with its initial public offering (IPO) at $45 per share. Though the price fell towards the low end of Uber’s planned range, its values Uber at $82.4 billion. The IPO price came just one day after drivers all over the world decided to go on strike, with drivers in San Francisco protesting right outside of the company’s headquarters.

Uber filed for an IPO last month after reporting 2018 revenues of $11.27 billion, a net income of $997 million and adjusted EBITDA losses of $1.85 billion. Uber has been willingly disclosing its financials over the last couple of years, while its last report came in February as a private company, in which it disclosed $3 billion in Q4 2018 revenue.

Uber’s revenue increased from $3.5 billion in 2016 to $9.2 billion in 2018 from ridesharing specifically, with gross bookings hitting $41.5 billion last year from ridesharing products.

Lyft, Uber’s competitor, filed its S-1 documents in March, which showed roughly $1 billion in 2018 losses and revenues of $2.1 billion. In addition, it reported $8.1 billion in booking, covering 30.7 million riders and 1.9 million drivers.

Nearly a week later, Lyft set a range for its IPO of $62 to $68, with hopes to raise up to $2.1 billion. However, since its debut on the Nasdaq, Lyft’s stock has suffered after skyrocketing nearly 10% on day one. Currently, Lyft is trading roughly 20% below its IPO.

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