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Uber Goes On Debt Financing Binge To Expand

Posted on January 21, 2015
Uber Technologies Inc. raised $1.6 billion in convertible debt from Goldman Sachs Group Inc. (GS)’s wealth management clients, according to people with knowledge of the matter, as the mobile car-booking company builds its finances to expand internationally.

Bloomberg News article here

Related Topics: business expansion, capital, finance, international, TNCs, Uber

Comments ( 1 )
  • anthony

     | about 4 years ago

    2,000 registered employees..... valuation in the billions. What a great stock play..and with private clients wealth managements money

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