Investments in Uber Reached $ 10 Billion Amid Preparing for IPO
Over the history of its existence, the Uber service managed to attract a total of $ 10 billion. The lion's share of this amount has been collected in the last six months. Most recently, the service has attracted significant investment from Chinese investors, including the management company Hillhouse Capital Group . In addition, the company receives a credit line of $ 2 billion from a group of large investment banks, including Morgan Stanley , Deutsche Bank and Goldman Sachs .
Uber plans to invest part of the funds raised in the development of the service in 300 cities. Another part of the funds will be directed to solving legal issues in countries where the company's activities are prohibited or restricted.
According to rumors, this year, for the first time, Uber may enter an IPO. The startup was a kind of "catalyst" that sharply tightened competition in the taxi market. For several years of its existence, Uber has not only occupied a leading position in the global market, but has begun to determine its development trends. Analysts say that the company's IPO may be the loudest and most anticipated. In scale, it compares only with the IPO of the Chinese online retailer Alibaba Group .
')
However, the exact date of the event is unknown, reports Financial Times. Scandals and litigation around Uber complicate the process of preparing for an IPO.
Thus, it was repeatedly reported that the authorities of the country wanted to ban the work of Uber in China due to the numerous protests of taxis. Kalanik says he managed to resolve this issue in favor of Uber.
Megamind wrote that Uber is going to make China its main market until the end of 2015. From June 22, it was planned to start searching for investors. According to Uber, about a billion dollars are needed to realize this goal.
Uber is a mobile application for searching, calling and paying a taxi or a private driver. The company was founded in 2009. Uber is headquartered in San Francisco.
Uber plans to invest part of the funds raised in the development of the service in 300 cities. Another part of the funds will be directed to solving legal issues in countries where the company's activities are prohibited or restricted.
According to rumors, this year, for the first time, Uber may enter an IPO. The startup was a kind of "catalyst" that sharply tightened competition in the taxi market. For several years of its existence, Uber has not only occupied a leading position in the global market, but has begun to determine its development trends. Analysts say that the company's IPO may be the loudest and most anticipated. In scale, it compares only with the IPO of the Chinese online retailer Alibaba Group .
')
However, the exact date of the event is unknown, reports Financial Times. Scandals and litigation around Uber complicate the process of preparing for an IPO.
Thus, it was repeatedly reported that the authorities of the country wanted to ban the work of Uber in China due to the numerous protests of taxis. Kalanik says he managed to resolve this issue in favor of Uber.
Megamind wrote that Uber is going to make China its main market until the end of 2015. From June 22, it was planned to start searching for investors. According to Uber, about a billion dollars are needed to realize this goal.
Uber is a mobile application for searching, calling and paying a taxi or a private driver. The company was founded in 2009. Uber is headquartered in San Francisco.
Source: https://habr.com/ru/post/291864/
All Articles