Saudi Arabian Sovereign Fund Invests $3.5 Billion into Uber
Posted on 06/02/2016
The larger technology companies like Snapchat have raised capital from sovereign wealth fund investors, while smaller technology companies struggle. Saudi Arabia’s Public Investment Fund (PIF) embarked on a milestone step in its bid to become a global institutional investor. PIF invested a whopping US$ 3.5 billion in taxi app service Uber Technologies Inc. This deal […]
- Alternatives
- China Life Insurance
- PIF
- Qatar Investment Authority
- Saudi Arabia
- Snapchat
- Taiping Life Insurance
- Uber
- Venture Capital
