Elevate your enterprise data technology and strategy at Transform 2021.
This would be a big bump up from Uber’s most recent valuation of $3.5 billion at the time of its roughly $350 million funding round last year.
Uber did not immediately respond to VentureBeat’s request for comment.
The black-car service faces a growing pile of lawsuits from cab and insurance companies and the family who lost a 6-year-old girl in a recent accident in San Francisco, the city where Uber has its headquarters. Uber is also attracting attention from regulators of cabs.
A heaping bag of fresh cash would help Uber handle all such cases and at the same time roll vehicles into more cities and come out with new services that could appeal to more consumers.
The company has been making plenty of moves recently. Uber continues to expand into more cities, along with rolling out several new services. People can order up rides in sport-utility vehicles. Last month, Uber kickstarted an on-demand courier service. And Uber now permits you to install a child car seat for an additional fee — a good fit for families with kids.
Uber has become so widely available that Google Maps now shows people how long an Uber trip would take in comparison with other modes of transportation.
VentureBeatVentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
- up-to-date information on the subjects of interest to you
- our newsletters
- gated thought-leader content and discounted access to our prized events, such as Transform 2021: Learn More
- networking features, and more