Regulations

Uber Racks Up Billions In Added Valuation

Posted on December 5, 2014

Uber wants to be the world’s private driving service. Now the company is amassing the war chest to do it. The start-up closed a new $1.2 billion round of financing on Thursday, with investors valuing the company at a staggering $40 billion.

New York Times article here

Related Topics: capital, finance, private equity, TNCs, Uber

Comments ( 0 )
More Stories
The City of Chicago has implemented some of the strictest regulations in the industry that by all accounts was completely misguided despite repeated input from and meetings with members of the Illinois Limousine Association (ILA). (Creative Commons photo)
Article

Chicago Micromanages Party Buses

SEPT. LCT: Amid accidents, deaths, injuries, and skyrocketing insurance premiums, operators are chafing under a web of strict new rules.