Uber Just Raised $3.5 Billion in Funding From Saudi Arabia — Tech – TIME

Ride-hailing giant Uber has just closed one of the largest funding rounds by a tech company in recent history. The company said on Wednesday that it had closed $3.5 billion in new funding from Saudi Arabia’s Public Investment Fund, at an unchanged valuation of $62.5 billion. As part of the deal, Public Investment Fund (PIF)…

via Uber Just Raised $3.5 Billion in Funding From Saudi Arabia — Tech – TIME

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s