Uber is Now Worth More Than Twitter
Uber announced a $1.2 billion round of funding today to help the ridesharing company go after Asian markets, add a ton of extra jobs and do some overdue (and much-needed) upgrades within the company, too.
Since launch Uber has now raised $2.7 billion, and the latest injection values the company at an eye-opening $40 billion. At current market capitalisation, that’s more than Twitter.
A lot more, in fact. Twitter is currently valued at a whisker over $25 billion.
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