Saudi Arabia's Uber venture: a case of if you can't beat 'em, join 'em - The Guardian

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The Guardian

Saudi Arabia's Uber venture: a case of if you can't beat 'em, join 'em The Guardian This week Saudi Arabia announced a surprising new venture for the kingdom's vast oil-generated sovereign investment fund: a $3.5bn stake in Uber. The investment, which values the six-year-old taxi-hailing startup at $62.5bn, is one of the largest ever ... Uber China: How Saudi Arabia's $3.5B injection can help usCNBC Saudi Arabia invested $3.5 billion in Uber. That could be bad news for the global economy.Vox Uber's No Good, Very Bad Deal with Saudi ArabiaFortune Forbes -Aljazeera.com -TIME all 331 news articles »

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