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Uber may now be worth $50 billion. Really?

Discussion in 'Uber Drivers Forum' started by Dreamer, May 11, 2015.

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  1. Dreamer

    Dreamer
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    Ride sharing app Uber is reportedly raising more money in a round of financing that would value the company at $50 billion.

    That is higher than 406 companies in the S&P 500, including blue chip industry leaders like FedEx, Capital One, DirecTV and Charles Schwab.

    It was less than a year ago that Uber was worth only $18 billion. Uber's valuation rose to $40 billion by December.

    http://money.cnn.com/2015/05/11/investing/uber-50-billion-valuation/index.html?iid=Lead
     
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