Coatue Management, Altimeter Capital and TPG are reportedly among the investors involved in the round, allowing employees of corporate-backed Uber to sell shares.
Uber, a US-based ride hailing service backed by corporate investors including telecommunications firm SoftBank, is raising up to $600m in a secondary share sale, TechCrunch reported yesterday.
The investors in the round so far include investment manager Coatue Management, private equity and venture capital fund manager Altimeter Capital and private equity group TPG.
The investment will value the company at $62bn, more than the $48bn valuation at which a SoftBank-led consortium bought secondary shares in December 2017, but less…
