Uber taxi app seeks capital at $12 bn value: report
New York (AFP) May 23, 2014 - Uber, the startup app that connects people with taxis and drivers, is seeking to raise fresh capital that would give it a $12 billion value, the Wall Street Journal reported Friday. The Journal said Uber, which has already raised significant venture capital, is seeking $500 million from various investor groups. The company did not respond to an AFP query on the report. San Francisco- ... more
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