Uber’s CEO is in Paris this week meeting with the French president to talk tech in Europe and expanding its insurance coverage in the region, but back in the US the company is moving ahead on another kind of expansion. TechCrunch has learned and confirmed that Uber is raising another secondary round of funding of up to $600 million, on a valuation of $62 billion.
Uber’s Raising Up To $600m In A Secondary Round At $62b Valuation, Q1 Sales Grew To $2.5b
Megan Rose Dickey, TechCrunch
Wed, 05/23/2018 - 1:35pm
Topics: uber s ceo paris french europe raising softbank coatue altimeter tpg uber gaap yandex grab ebitda we uber ceo dara khosrowshahi uber eats jump ipo uber uber s techcrunch q1 uber eats secondary valuation billion million year net losses company increase percent quarter revenues business gross shares funding plan big financials basis
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