Money

Chinese Funding Fuels Talk Of Uber IPO

Posted on June 24, 2015
Uber has just secured a round of funding from Chinese investment management firm Hillhouse Capital Group, according to the Wall Street Journal. The total investment could be up to $1 billion, although people familiar with the matter told the WSJ the amount will likely clock in at "hundreds of millions of dollars."

Fast Company article here

Related Topics: business growth, capital, finance, investment, TNCs, Travis Kalanick, Uber

Comments ( 1 )
  • anthony

     | about 4 years ago

    As i have said.... its now a stock play. Good concept-horrible market research.. Ubers business plan - 4.00 dollar fare ..... sure we will take that

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