Uber has received a $3.5bn investment from Saudi Arabia’s Public Investment Fund. The funding will reportedly lift the company’s market value to $62.5bn. As part of the investment, a managing director at the Saudi fund, Yasir Al Rumayyan, will take a seat on Uber’s board.
Uber has been operating in Saudi Arabia since early 2014 and is planning to use part of the new funding to ramp up its Middle East presence.
Since 2016, Rovlocker systems have been operating successfully 24/7 across different regions of the world and under diverse climate conditions. Rovenma has been successfully deploying parcel locker networks for major operators including The Courier Guy in South Africa, Trendyol, Pudo, and PTT in Türkiye, as […]
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