Uber Raises $1.6 Billion In Debt Funding
San Francisco-based Uber has raised a huge, $1.6 billion debt funding round, according to reports Wednesday. The on-demand, ride provider received the funding from Goldman Sachs. The funding comes on top of an earlier, $1.2 billion in equity that Uber raised in December from strategic investors. Uber said in December that its new funding would go towards international expansion.
posted on Wednesday, January 21, 2015 (Link to more information)
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