Not to be undone by its ride-hailing rival, Uber has become the second brand in the space of a few days to declare its intention to list on the public financial markets.
At some point the official record will show which brand filed first (for those that care about such things), but Uber is said to have filed confidential documents with the Securities and Exchange Commission late last week.
The company has not denied the move outlined in a number of reports over the weekend.
Lyft stated its own intention to file for an IPO last week.
Uber has so far raised almost $25 billion in funding since its launch in 2009.
The company was the poster child for the ride-hailing movement, expanding rapidly around the globe but at the same time coming under huge pressure in many markets as incumbent taxi services took aim at it for its adherence (or not) to regulations.
It also went through a hugely challenging period in 2017 as its co-founder and CEO Travis Kalanick faced allegations of corporate mismanagement and other less-than-savory accusations about the company culture.
He was eventually replaced in the summer of last year by Dara Khosrowshahi, who left a high-profile job as president and CEO Expedia Group to run the business.
Earlier this year, Uber scaled back its operations in the same region, conceding ground and its business operations to Grab.