Uber Raises $3.5 Billion From Saudi Arabia
San Francisco-based Uber said late Wednesday that it has raised $3.5 billion from the Saudi Arabia Public Investment Fund (PIF). Yasir Al Rumayyan, Managing Director of the PIF, has joined the ridesharing company's board. The investment values Uber at $62.5 billion.
posted on Thursday, June 2, 2016
Related companies:
Uber
Related stories:
> Lucid Motors Scoops Up $1 Billion From Saudi Arabia
> Uber Acquires Careem For $3.1 Billion
> Uber Raises $1.6 Billion In Debt Funding
> Uber Raises $1.2 Billion In New Funding Round
> Report: Uber Seeking $1.5 Billion More
silicontap.com Home