FOXBusiness.com has obtained leaked documents that Uber is using to persuade investors to participate in its Uber China financing. The global ride-sharing company is close to finalizing a round of at least $1 billion that would value Uber China at more than $7 billion, according to a source with direct knowledge of the matter.
FOXBusiness.com has also learned that the company is telling potential investors that Uber China will be spun off as a separate business that could IPO before Uber.
The documents show that Uber’s “net present value,” a projection of cash flows, is $4.9 billion in Shanghai, $2.2 billion in Guangzhou and $1.8 billion in Shenzhen.
While Uber is the dominant car service app in the United States, it has a...

