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Uber Gets $1.2 Billion In Mega Round

San Francisco-based ridesharing service Uber said late Friday that it has raised $1.2 billion in a huge round of funding, which came from Fidelity Investments, Wellington Management, and BlackRock. The round values the smartphone driven ride company at $18.2 billion. The round was announced by CEO Travis Kalanick in a blog post late Friday.


 

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