The Baidu and Google-backed ride hailing app has secured an additional $1bn in equity funding, increasing its total financing to almost $6bn.
US-based taxi hailing app operator Uber has added $1bn to a series E round that now totals $2.8bn, the New York Times reported yesterday, citing documents filed with Delaware’s secretary of state.
Uber, which confirmed the funding in a brief statement, had already raised $1.2bn from undisclosed investors in early December before securing a further $600m from social networking company Baidu later the same month.
The company then captured a further $1.6bn in convertible debt financing from Goldman…
