Uber’s eye-popping valuation worth more than Nvidia and PayPal

Ali Balikci | Anadolu Agency | Getty Images

Uber application logo is seen on a screen in front of taxi board in Ankara, Turkey on August 31, 2018.

Uber is reaching for a lofty valuation in its upcoming initial public offering.

— CNBC’s
Peter Schacknow
contributed reporting.

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William 'Bill' McGlashan, founder and managing partner of TPG Growth LLC, speaks during a television interview in San Francisco, California.Traders work on the floor of the New York Stock Exchange.