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Uber raises unprecedented $3.5 billion funding round because it can

  • Everyone wants a piece of Uber – and Uber is more than happy to collect their money at the door.
  • The startup has touted its impact on women in Saudi Arabia, who are still not legally allowed to drive.
  • Uber launched in Saudi Arabia in early 2014 and has previously committed $250 million to expand throughout the Middle East and Northern Africa.
  • Uber is apparently on a quest to raise all the money left in the world.
  • On some level, though, the real answer is: Simply because Uber can.

Read the full article, click here.


@mashable: “Uber just raised another $3.5 billion — which will help in its quest for world domination.”


Uber’s fundraising knows no limits.


Uber raises unprecedented $3.5 billion funding round because it can

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