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by Animats 2794 days ago
Uber is funded by the Kingdom of Saudi Arabia.[1] Softbank's Vision Fund is mostly a front for the Kingdom. That may be more of a political move than a financial one.

Even that wasn't enough money. Uber recently borrowed another $2 billion at 7.5 to 8% for 5-8 years.

[1] https://www.crunchbase.com/organization/uber/funding_rounds/...