Uber says its Chinese arm could go public

August 14, 2015, 1:24 PM UTC
Photograph by Andrew Harrer — Bloomberg via Getty Images

Uber CEO Travis Kalanick has long sung the praises of keeping a company private because it enables firms to make long-term bets, shielded from the quarterly oversight of public shareholders.

Despite this fact, the Chinese press has been buzzing of late about the possibility of Uber China, which is a separate entity from the American parent, being listed publicly in China, according to a report in Bloomberg News.

When reached for comment on the topic an Uber spokesperson didn’t shoot the idea down: “Of course there is the possibility that Uber China, which is a separate entity, could at some point in the future list on the Chinese stock market,” Nairi Hourdajian, a spokeswoman for the company, told Bloomberg.