Saudi Arabia’s $3.5bn bet on Uber
Uber has just received a $3.5bn investment from Saudi Arabia’s sovereign wealth fund, making it the best backed start-up in the world. Ravi Mattu asks Leslie Hook, the FT's San Francisco correspondent, and Simeon Kerr, Gulf correspondent, what th...
FT News in Focus · Financial Times
June 2, 20168m 8s
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Show Notes
Uber has just received a $3.5bn investment from Saudi Arabia’s sovereign wealth fund, making it the best backed start-up in the world. Ravi Mattu asks Leslie Hook, the FT's San Francisco correspondent, and Simeon Kerr, Gulf correspondent, what the investment means for Saudi Arabia and for Uber's ambitions.
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