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Saudi Arabia Fund Hands Uber $3.5B To Keep Driving

by valuewalk.com posted 2years ago 3884 views
Uber is a Silicon Valley darling on top of being the largest privately held company with a valuation of over $62 billion. But, in order for the company to continue building its empire it needs cash. While it’s been in the works for some time, the company announced yesterday that it had secured $3.5 billion in funding from the Saudi Arabia.