Uber valued at about US$51bil after latest funding round: WSJ


  • TECH
  • Monday, 03 Aug 2015

Money money money: Uber is on track to becoming the most valuable tech startup ever. Photo: Reuters

Uber Technologies Inc has closed a new round of funding that values the online taxi-hailing company at nearly US$51bil (RM196.57bil), the Wall Street Journal reported, citing people familiar with the matter. 

Uber raised close to US$1bil (RM3.82bil) in the round, bringing its total funding to more than US$5bil (RM19.12bil), WSJ reported, citing one of the people. 

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