The corporate-backed ride hailing company has reportedly already recruited T.Rowe Price and Tiger Global for a round that would take its overall funding above the $10bn mark.

US-based ride hailing service Uber Technologies is seeking up to $2.1bn in a funding round that would value it at $62.5bn, Bloomberg reported yesterday citing people familiar with the matter.

Uber, which is backed by investors including Microsoft, Google’s holding company Alphabet, internet company Baidu, and media and internet firm Times Group, has filed paperwork in Delaware detailing the funding plans and has already recruited investment firms Tiger Global Management and T. Rowe Price for the round.

Founded in 2009,…

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