Uber raises another $1.6bn to fund global expansion

Uber raises another .6bn to fund global expansion

Latest fundraising, from clients of Goldman Sachs, further increases the already stellar value of the controversial car-hailing service

Uber has raised a further .6bn from investors as the car-hailing service accelerates its plans for global domination.

The company, the world’s most valuable venture-backed start-up, was already worth about bn (£27bn) before the latest injection of funds from clients of Goldman Sachs’ wealth management service.

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Source: Guardian Transport

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