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Uber CEO says company 'on track' for 2019 IPO

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Uber Technologies Inc. CEO Dara Khosrowshahi said in an interview yesterday the company is "on track" for a 2019 initial public offering.

Khosrowshahi said Uber's self-driving technology unit, the Advanced Technologies Group, would be part of Uber after the IPO.

“Ultimately, it is a big asset that we are building and we can monetize that in whatever way we want to. [Selling is] not something we’re thinking about it at this point," Khosrowshahi said.

Read more from MarketWatch.

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