Uber receives $3.5 billion more, valuation stays the same: Report

Uber Technologies Inc., the ride-hailing company, has received a $3.5 billion investment from Saudi Arabia’s Public Investment Fund, according to The New York Times. The investment is part of an existing funding round and keeps the company’s valuation at $62.5 billion, according to the Times. Uber did not immediately respond to a request for comment.

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