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home / articles / UBER - Uber Considers Investment In African Startup Moove In Funding Round Up To $100M: Report | Benzinga


UBER - Uber Considers Investment In African Startup Moove In Funding Round Up To $100M: Report | Benzinga

Uber Technologies, Inc. (NYSE:UBER) is reportedly discussing a potential investment in African vehicle-financing startup Moove, aiming for a funding round totaling up to $100 million.

The U.S. ride-hailing company will be part of an investor consortium in the funding round, raising Moove’s enterprise value to roughly $750 million, up from $650 million, Bloomberg reported, citing people familiar with the matter.

The funding round is ongoing, and the final amount ...

Full story available on Benzinga.com

Stock Information

Company Name: Uber Technologies Inc.
Stock Symbol: UBER
Market: NYSE
Website: uber.com

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