The Traderszone Network

Published in TZ Latest News 20 August, 2015 by The TZ Newswire Staff

Uber seen reaching $10.8 billion in bookings in 2015: fundraising presentation

Uber Technologies Inc’s [UBER.UL] global bookings are projected to rise nearly threefold to $10.84 billion this year and reach $26.12 billion the next, according to a recent presentation for potential investors seen by Reuters. 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’s Series F financing.

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