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ALL DEALS March 2, 2016 Russian billionaire Fridman’s LetterOne invests $200 million in Uber
By: sristy SahaUber was valued at more than $60 billion, people familiar with the matter said in December, making it the world’s most valuable startup. Photo: Reuters Moscow: Russian billionaire Mikhail Fridman’s investment vehicle LetterOne invested $200 million in Uber Technologies Inc., betting in ride-hailing technology after selling billions of dollars worth of oil assets. “We aim […]
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ALL DEALS March 1, 2016 Uber opens its first Centre of Excellence in Asia in Hyderabad
By: sristy SahaUber operates in 26 cities in India. Photo: AP Hyderabad: Taxi aggregator Uber Technologies Inc. opened its first centre of excellence in Asia in Hyderabad as the San Francisco-based company centralizes several of India operations at a single location in its third biggest market. The facility will have staff providing round the clock specialized support […]