uber

Uber closes in on financing that will take its total funding to a record $10bn

Uber’s

latest financings will bring its total funding to $10bn, setting a new record for a US tech company before it goes public, as it closes in on a new credit line and equity round.

Much of that equity and debt has been raised in the past six months, as the San Francisco-based car-hailing company takes advantage of huge investor appetite for its fast-growing business.

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