Presentation and Chinese Bankers

: Based on those figures, 2015 revenue would be roughly $2 billion, according to a Reuters calculation, according to Euro News. A spokeswoman at Uber San Francisco headquarters, when asked about the presentation, said the company does not comment on rumour and speculation. The ride-hailing service, which operates in over 50 countries, keeps 20 percent of booking revenue, showed a confidential slideshow prepared by Chinese bankers with input from Uber, aimed at soliciting investment in a fund participating in Uber Series F financing. The undated presentation featuring data from as recently as June offers a glimpse of the explosive growth of the six-year-old firm, last valued by investors at $50 billion – the most for a privately held technology firm worldwide. But its services have been banned in several cities where, for instance, drivers have not held commercial licences. Uber links passengers and drivers via apps, earning revenue Chief Executive Travis Kalanick last year said was doubling every six months. (news.financializer.com). As reported in the news.

The content, information, trademarks and multimedia posted on this blog copyrights to their original owners and herein blogged in good faith for the purpose of commentary, speech, opinion and debate.

financializer news

A weblog highlighting financial topics making news in the international media.