5 Internet Firms Witnessing Markdown of Valuation


Uber: ;

T Rowe cuts down the valuation of this online transportation network company by 6 percent in the month of April, ceasing it to $58.75 billion instead of $62.5 billion.

Dropbox:

The valuation of the Dropbox, a cloud storage firm was slashed by T Rowe, reducing the price by 51 percent in the month of January, halving its $10 billion valuation.

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