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Uber weighing possible spinoff of freight logistics unit, Bloomberg says

Uber is considering whether to spin off its freight logistics unit in a sale or separately traded public company, sources tell Bloomberg’s David Welch, Katie Roof, Isis Almeida and Jackie Davalos, but a decision on the matter is said to not be imminent. An IPO of the unit is considered the likely option, while the sale of the freight unit is also possible, people familiar with the matter say. See today’s best-performing stocks on TipRanks >>

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