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Uber Turns to Saudi Arabia for $3.5 Billion Cash Infusion

The ride-hailing company said the investment by Saudi Arabia’s Public Investment Fund was part of the most recent financing round and that it continued to value the company at $62.5 billion. [Source]

Publication Date:

Origin: nytimes.com

Category: Car Services and Livery Cabs

Topics: company, Saudi, billion, value, continued, round, financing, recent, Investment, Public, Arabia’s, investment, ride-hailing, Infusion, Billion, Arabia, Turns

Source: http://www.nytimes.com/2016/06/02/technology/uber-investment-saudi-arabia.html?partner=rss&emc=rss