Uber plans to Raise 2 Billion
As per the news published on the Wall Street Journal, Uber plans to make way for 1.5-2 billion dollars. Once the company is able to collect such an amount, it would become worth 50 billion Dollars.
As per the news published on the Wall Street Journal, Uber plans to make way for 1.5-2 billion dollars. Once the company is able to collect such an amount, it would become worth 50 billion Dollars. It’s the kind of amount that would make the brand, a valued possession. This clearly and the plan and intention in order to expand for the brand, would be enhanced.
The money could also be used in dealing with its legal matters pending on their drivers. As far as the intention to expand goes like, UberEats, which is a food delivery service, UberEssentials, a service related to everyday items delivery, and UberRush, being a courier service, are expected to lay down on expanding.
As per reports, the company also plans to roll out a delivery service catering merchants. Apart from that, Uber has been focusing on Nokia's mapping service and plans to invest in an artificial intelligence that would lead to use in the creation of driverless cars.