Report: Uber Valuation Could Top $3B

Weeks after it began openly courting new investments, popular mobile taxi app Uber is expected to earn between $150 million and $200 as part of its latest funding round.

The round is rumored to be led by Texas Pacific Group, TechCrunch reported. If estimates prove true, the company’s valuation could top $3.5 billion.

For more on Uber’s funding strategy, read the full report here.