In the confidential slideshow created for Chinese investors, Uber also projects its bookings will increase three-fold this year to $10.84 billion and $26.12 billion in 2016.
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A fund management unit of China’s Citic Group Corp plans to invest US$100 million in Uber Technologies Inc, according to a person familiar with the matter.
When reached by Re/code, an Uber spokesperson said, “We don’t comment on rumor and speculation”.
Uber’s presentation made use of data collected from as recently as June and offered a brief look at the company’s significant growth within its first six years of existence.
It owns an app which links passengers and drivers but its services have been banned in several cities and it is dealing with a number of legal and regulatory issues and bans in countries including France, Spain and Thailand.
Uber expects to generate bookings worth more than $10 billion this year and double that next year as the digital taxi service’s business booms globally. The company said that it is working with local authorities to have these bans lifted.
Bookings reached $2.91bn in 2014 and $687.8m in 2013, according to the presentation, which does not feature expenses nor says whether Uber is profitable.
However, a spokeswoman for the company declined to comment on the news.
Uber was revealed to be potentially looking to make an initial public offering (IPO) as early as 2016, after an investor presentation leaked on Friday outlining the company’s future plans.
However, it has faced problems elsewhere in the US.
The presentation also provided a look at very recent financial information for the ride-sharing company. The ruling opened Uber up to higher costs, including social security, workers’ compensation and unemployment insurance – all factors that could weigh on the minds of investors being shown the Uber slideshow.
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However, Uber has received around $5 billion in support from different financial backers, including the Qatar Investment Authority, New Enterprise Associates, Benchmark and Fidelity.
