Uber Company attracts $ 2.1 billion of investments

Uber Company attracts $ 2.1 billion of investments

07.12.2015 News

Uber Company attracts $ 2.1 billion of investmentsThe company plans to raise $ 2.1 billion of investments in a new round of funding. All the necessary documents have been drawn up and passed in Delaware.

The world’s largest taxi service Uber, which head office is based in San Francisco, plans to spend the funds on its expansion, service development in Asia and the implementation of new projects such as unmanned taxi.

In this round of investment participates the largest hedge fund Tiger Global Management, which Uber closed the deal with. In Thursday, 03/12/2015, the Bloomberg News reported that the assessment of Uber amounted to $62.5 billion.  It is noteworthy that in the previous round the company has already received $100 million  of investment from Microsoft. In the fall of 2015, the company had received investments of $ 1.2 million on promoting its service in China.

Source Bloomberg News says that in its documents, including information for investors, says that annual revenues could reach $10 million.

The company currently makes no comment on the negotiations with Tiger Global Management a hedge fund also holds details of the agreement confidential. Interestingly, that Tiger Global Management also invests in Uber competitors the companies Ola, Didi Kuaidi and GrabTaxi, which yesterday announced the intention to cooperate with the company Lyft (San Francisco). These companies are the main Uber’s competitors in the United States.

Today Uber is one of the best start-ups. The service, which was founded in 2009, is represented in 37 countries in 128 cities.

 For today the company has raised Uber investments for $10 billion to prepare for the initial public offering and it was a historical record for the US high-tech sector.

Sourсe: www.bloomberg.com

Other articles

  • Investment in industrial solar power plants fell significantly in 2020
    News

    Investment in industrial solar power plants fell significantly in 2020

    Company representatives, who engaged in the design, construction and equipment for solar power plants, note a significant decline in demand for their services. This is due to instability of the industry and growing debts for “green” electricity. “We are talking about 1260 MW of RES generation that has been launched in the first three quarters […]

  • Musk promises that the Tesla plant near Berlin will become the world’s largest battery manufacturer
    News

    Musk promises that the Tesla plant near Berlin will become the world’s largest battery manufacturer

    Tesla CEO Elon Musk wants to turn the Tesla plant near Berlin into the world’s largest factory for the production of batteries for electric vehicles. The businessman stated this on Tuesday, November 24, speaking via video link at the European Conference of Battery Manufacturers. The plant near Berlin will be one of a kind as […]

  • Tesla’s value rose above $ 500 billion
    News

    Tesla’s value rose above $ 500 billion

    Shares of US electric car manufacturer Tesla continue to rise sharply amid news of the company’s future accession to the S&P index. On Tuesday, November 24, the market value of Elon Musk’s company crossed the $ 500 billion mark for the first time. Tesla shares are said to have risen nearly 550 percent this year, […]

  • The Dow Jones index exceeded 30,000 points for the first time in history
    News

    The Dow Jones index exceeded 30,000 points for the first time in history

    The Dow Jones and S&P 500 stocks hit record highs on Tuesday, November 24 amid official news of the transfer of power in the United States and progress in the development of coronavirus vaccines. In particular, the Dow Jones industrial index rose by 1.5% and for the first time in history exceeded 30,000 points. According […]

  • The largest coffee manufacturer Strauss Group has opened a distribution center in Kyiv
    News

    The largest coffee manufacturer Strauss Group has opened a distribution center in Kyiv

    The international company Strauss Group is one of the largest coffee manufacturers in the world. They put into operation a warehouse and distribution center on the street in the third quarter of 2020. It’s located on Novopyrohivska str, 56a in the Holosiivskyi district of Kyiv. “An innovative distribution center opened in Ukraine in the third […]

  • WHO has announced a new record weekly increase in COVID-19 cases
    News

    WHO has announced a new record weekly increase in COVID-19 cases

    Last week, from November 16 to 22, more than 4 million people in the world became infected with the new type of coronavirus, which is a record number since the beginning of the pandemic. This was announced on Tuesday, November 24, the press service of the World Health Organization. According to the WHO, in these […]

  • The second power unit was connected at Zaporizhzhya NPP
    News

    The second power unit was connected at Zaporizhzhya NPP

    Zaporizhzhya NPP connected Unit №2 to the power system of Ukraine. This was reported by the press service of NNEGC Energoatom. “On November 22 at 9:07 pm, after the completion of the average planned and preventive repairs, Unit №2 of Zaporizhzhya NPP is connected to the power system. Power is being set. There are no […]

  • IBM makes two cloud acquisitions a week: TruQua and Instana
    News

    IBM makes two cloud acquisitions a week: TruQua and Instana

    This week, IBM announced two acquisitions in the field of cloud computing: financial and analytical IT company TruQua Enterprises and software company Instana. The financial terms of the two agreements were not disclosed. On Monday, IBM announced the acquisition of TruQua, which provides SAP solutions to Fortune 500 companies. SAP is one of the world’s […]

Read also

Uber Company attracts $ 2.1 billion of investments
News

The EU has approved financial support of 87.4 billion euros

The Council of the European Union approved funding in the amount of 87.4 billion euro for the Member States in the form of the loans under the SURE – temporary EU instruments to reduce the risk of unemployment during the pandemic coronavirus COVID-19. This support should help for the Member States to finance sharp increase […]

Next
Uber Company attracts $ 2.1 billion of investments
News

SkyUp expands flights from Ukraine

Ukrainian company SkyUp Airlines opens new foreign routes departing from Kyiv, Lviv and Kharkiv. On Tuesdays and Fridays flights are scheduled from Kiev to Belgrade and Stockholm, on Thursdays and Sundays in Bratislava, on Wednesdays and Sundays in Amman, on Mondays and Thursdays in Colombo, on Wednesdays and Saturdays in Dubai. From Lviv on Wednesdays […]

Next
Uber Company attracts $ 2.1 billion of investments
News

The National Bank spent $ 71 million to support the hryvnia

On September 14-18, the National Bank sold $ 71 million in currency on the interbank foreign exchange market. At the same time, the National Bank did not buy foreign currency in its international reserves during the reporting week. Therefore, the National Bank for the first time in the late July sold the currency on the […]

Next
Uber Company attracts $ 2.1 billion of investments
News

Tesla has tripled insurance payments to Elon Musk

Tesla Inc. paid its chairman and founder, Elon Musk, $ 3 million in compensation for D&O insurance to defend, settle disputes, or make court decisions. This was reported by Insurance Business. This insurance covers the expenses of the members of the board of directors, which are not included in the general expenses of the top […]

Next
Uber Company attracts $ 2.1 billion of investments
News

The Cargill suspends the sale of seeds, fertilizers and chemicals in Ukraine

The largest American agricultural company Cargill suspends the sale of seeds, fertilizers and chemicals in the Black Sea region, including Ukraine, Russia, Romania, Hungary, Bulgaria and Poland. According to the information of the “Interfax-Ukraine”, after a comprehensive review of its grain and oilseed business in the Central and Eastern Europe, the Cargill decided to stop […]

Next
Uber Company attracts $ 2.1 billion of investments
News

USA Department of Justice filed a multimillion-dollar lawsuit against the Volkswagen Group

The world’s largest car manufacturing company Volkswagen, which has recently been involved in a major diesel scandal for understating  of emissions of harmful substances into the atmosphere, will now be sued in court on charges of violation of environmental legislation. Recently the USA Department of Justice filed a civil suit in federal court. The statement […]

Next
Uber Company attracts $ 2.1 billion of investments
News

Poland postponed the beginning of the exploration of gas in Ukraine

Polish oil and gas company PGNiG has postponed the start of gas exploration in Ukraine to the first half of 2021, said the head of the company Jerzy Kwentczycki. “PGNiG also intends to participate more actively in projects related to hydrocarbon production in Ukraine. The company plans to start exploring of the natural gas in […]

Next
Uber Company attracts $ 2.1 billion of investments
News

Bosch will create a new production in Ukraine

Representatives of the Antimonopoly Committee of Ukraine approved the deal between the German company Robert Bosch GmbH and the Chinese home appliance manufacturer Guangdong Vanward New Electric. It is about creating a joint venture on the territory of Ukraine. It is expected that production will specialize in the production of components for cars, gas appliances […]

Next
Uber Company attracts $ 2.1 billion of investments
News

Polish PGNiG will supply gas to the GTS Operator of Ukraine

The group of the companies Energy Resources of Ukraine together with its Polish partner the state oil and gas company PGNiG won the tender for gas supply for the GTS Operator of Ukraine. This is stated in the message of the company “ERU Trading”. “ERU Trading was able to offer the most competitive prices thanks […]

Next
Uber Company attracts $ 2.1 billion of investments
News

The former factory Mitsubishi is now owned by Rivian Automotive

The American company Rivian Automotive purchased the plant, formerly owned by the Japanese carmaker, and intends to use it for the production of electric cars. The reason for the suspension of production by the former owner at the Illinois plant was the fact that the model, which was produced there (light SUV Outlander Sport / […]

Next
Uber Company attracts $ 2.1 billion of investments
News

Astarta agricultural company invests € 24 million in development of its business

According to the CEO of Astarta, Victor Ivanchik, the investment plan has already been approved. The money also will be spent on the modernization of agricultural production and technology, modernization of sugar factories. The total investment of agricultural holding Astarta for 2016 remains at the level of 2015 and amounts to € 24 million, 60% […]

Next
Uber Company attracts $ 2.1 billion of investments
News

The G7 called on Ukraine to act quickly due to the crisis in the CCU

The ambassadors of the G7 countries stressed the importance of swift action to resolve the situation in the Constitutional Court of Ukraine. In particular, they assessed Ukraine’s actions in this direction. They said this during a meeting with Verkhovna Rada Chairman Dmytro Razumkov. The G7 ambassadors said that swift action was needed to resolve the […]

Next
Uber Company attracts $ 2.1 billion of investments
News

Netflix’s future growth will come from India and other major Asian markets

Shares of Netflix fell after the company released a quarterly report on October 20 with only 2.2 million new subscribers. At the same time, over the last week, stock growth has resumed and since the beginning of the year, the share price of Netflix has risen by 59%. The company’s management and analysts cited the […]

Next
Uber Company attracts $ 2.1 billion of investments
News

“Food Solutions” reconstructs an abandoned cattle-breeding complex in Cherkassy region

The “Food Solutions” company reconstructs an abandoned cattle-breeding complex, which will include almost 5 thousand heads of young cattle in Sokolovka (Zhashkivskyi district, Cherkasy region),- says  the  “Uriadovy Courier”. According to the report, it has already made a significant range of works on the reconstruction of a cattle-breeding premises, and service buildings. In each of […]

Next
Uber Company attracts $ 2.1 billion of investments
News

Ukrainian scientists won a grant to develop the vaccine against COVID-19

Two scientists from Lviv won the competition of projects of the National Research Fund of Ukraine. They will be provided with funds for developing a vaccine against the corona virus COVID-19, as well as to create a new generation of antibiotics. This was announced on Wednesday, September 9, by the head of the Lviv Regional […]

Next
Uber Company attracts $ 2.1 billion of investments
News

The man, who founded the Kyivstar, now owns operator Giraffe

The ex-president and founder of the largest mobile operator Kyivstar Igor Litovchenko in Ukraine became the owner of the Wireless telecom provider SmartCommunications (TM Giraffe). Ukrainian edition Liga.net informed about this, referring to the State Register of natural persons-entrepreneurs and legal entities. According to official figures, Igor Lytovchenko is the owner of the Cyprus offshore Magnilda Holdings Ltd., which owns Giraffe. As said the […]

Next
WP2Social Auto Publish Powered By : XYZScripts.com