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Saudi Arabia’s Investment Arm Parks $3.5B In Uber

June 02, 2016
Uber and dry tinder.
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Saudi Arabia’s Investment Arm Parks $3.5B In Uber

June 02, 2016
Uber has garnered $3.5 billion from Saudi Arabia’s investment arm, known as the Public Investment Fund, according to The Wall Street Journal. The $3.5 billion tally remains part of a $5 billion investment from the Saudis and others, representing the largest single investment in a venture-backed outfit. And now, Uber is valued at $68 billion. […]