Currently, Uber has been operating in 128 cities in 37 countries

Source: Internet
Author: User
Keywords Valuations company valuations valuations corporate valuations
Tags company company valuations financing operating start start-up start-up company words

Absrtact: Sometimes when a start-up company gets a round of more than 100 million dollars in financing, I will add a big or oversized amount in the title to play with it, but 1.2 billion dollars, which is more than a lot of corporate valuations, I think I'll give it to the numbers.

Sometimes when a start-up gets a round of more than 100 million dollars, I add "mega" or "oversized" words to the headlines, but the 1.2 billion-dollar figure, which is more than a lot of corporate valuations, I think it's better to give it to the numbers.

This is what Uber founder Travis Kalanick just released on the official blog, in fact, when the second group of "strategic investors" also completed the operation of the funds will be the size of 1.4 billion of dollars. Investors in this round of financing include VC funds, institutional investors and PE. The start-up of the taxi software from San Francisco took only four years to make the company valued at 17 billion dollars.

Travis says the Uber is currently operating in 128 cities in 37 countries, creating more than 20,000 jobs and billions of dollars of economic activity each month.

In addition to the pay-for-call service for the Uber, the company is also experimenting with more business models, such as car sharing among families and cooperation with businesses, and will also participate in the future of Google unmanned vehicle pilot projects.

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