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Uber in early talks to raise a further US$1b

Tuesday, November 11, 2014 - 05:50

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Uber was founded in 2009 and the service now operates in about 220 cities worldwide.

New York

UBER Technologies Inc is in fundraising mode again to bring in about US$1 billion to finance its rapid international expansion, said people familiar with the situation.

Uber's talks with new and existing investors are at such early stage that it is premature to indicate a

sentifi.com

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