Innovation

Saudi Arabia Wants to Make More Uber-Like Investments

uber-snags-a-massive-3-5-billion-investment-from-saudi-arabia__306580_

Uber’s funding round in June raised eyebrows not only for its whopping amount—$3.5 billion—but also for the identify of the investor—Saudi Arabia’s Public Investment Fund.

Critics saw the deal as Uber being complicit with the policies of the Saudi government, which is notorious for its poor human rights record. It bans female citizens from driving and forces them to have male guardians.

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