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

More Stories

Bus Marketing 101 Webinar

Learn the ropes of marketing your big vehicles from the well respected George Jacobs, owner of Windy City Limousine in Chicago.