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Uber lowers IPO price, gets investment from PayPal

Uber's IPO is getting ready to hit the road. The ride hailing company set a price range of $44–50, valuing the ride-sharing leader between $80 and 90 billion. That’s lower than initial estimates, which were around $100 billion. Ahead of going public, Uber is also getting a $500 million investment from PayPal. PayPal's president and CEO said, “This is another significant milestone on our journey to be a platform partner of choice.” Yahoo Finance’s Alexis Christoforous, Brian Sozzi, and Heidi Chung break down what this means for Uber ahead of its Wall Street debut.