The decision to opt for the Wall Street exchange over the tech-heavy Nasdaq was first reported by Bloomberg, citing sources.

It comes as smaller, ride-sharing rival Lyft prepares to list on the Nasdaq.

Uber is expected to launch its initial public offering (IPO) in April and may be valued as high as $120bn (£91.4bn).

The company did not immediately respond to a request for comment on the reports it would list on the New York Stock Exchange.

Other major technology companies including Google, Apple and Facebook trade on the Nasdaq.

But the New York Stock Exchange has secured some of world's biggest IPOs including Alibaba and General Motors.

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