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Saudi wealth fund takes $3.5bn Uber stake

Saudi Arabia’s sovereign wealth fund is investing $3.5bn in Uber, marking the largest single investment ever made in a private company. The deal solidifies Uber’s place as the most-funded start-up in the world and brings its war chest to more than $11bn, at a time when the company is aggressively…

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Click here to read the full story: Financial Times

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