Uber raises $3.5 billion from Saudi Arabia's sovereign wealth fund

Uber raises $3.5 billion from Saudi Arabia's sovereign wealth fund

3:00 PM
SAN FRANCISCO (Reuters) - Uber [UBER.UL] has raised $3.5 billion from Saudi Arabia's sovereign wealth fund, the U.S. ride-hailing service said on Wednesday, gaining a crucial partner in its expansion into the Middle East.


from Reuters: Technology News http://ift.tt/1ROdupG
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