Uber Holds Talks for Investment in Freight Unit
Uber Technologies Inc. is in talks with investors interested in taking a stake in its Uber Freight division, according to people with knowledge of the matter.
The San Francisco-based company, led by Dara Khosrowshahi, held discussions to raise $500 million in a funding round that would give its freight business a standalone valuation of about $4 billion after the deal, said one person, who requested anonymity because the talks are private. No transaction has been finalized, and the terms could change. Read more…………..
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Warren Buffett sat down with Yahoo Finance’s Editor-in-Chief Andy Serwer in 2020 and 2019 on Influencers to discuss his strategy for investing long term.