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. 

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

Samsung faces Pakistan smartphone shortage after winning debut
Athletic director used AI to frame principal with racist remarks in fake audio clip, US police say
US reinstates open Internet rules rescinded under Trump
L3Harris raises top end of 2024 adjusted earnings outlook amid global tensions
Microsoft results top Wall Street targets, driven by AI investment
Google parent announces first-ever dividend; beats on sales, profit; shares soar
Health conglomerate Kaiser notifies millions of a data breach
Intel forecast misses estimates; shares tumble
T-Mobile raises forecast for subscriber additions on strength from bundled plans
Snap beats first-quarter expectations, shares jump 25%

Others Also Read