Uber says it has invested US$500mil in Mexico since 2013


A man walks by under an Uber logo in Mexico City, Mexico February 6, 2018. Picture taken on February 6, 2018. REUTERS/Carlos Jasso/File Photo

MEXICO CITY: Uber Technologies Inc said on July 17 that it has invested more than US$500mil (RM2.02bil) in Mexico since it launched there in 2013, underscoring the country's importance to the ride-hailing firm as it faces new competition. 

The figure includes contributions to government-run mobility funds, “social responsibility” projects and unspecified security spending, it said. 

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