12-02-2016 15:05 via uk.news.yahoo.com

Russian billionaire Fridman makes $200 million investment in Uber

Russian billionaire Mikhail Fridman's LetterOne investment vehicle said on Friday it had made a $200 million investment in U.S. ride-hailing service provider Uber Technologies Inc [UBER.UL]. "We believe that Uber's highly talented management team possesses the necessary vision and skills to build the company into one of the world's preeminent technology businesses," Fridman, who is the chairman of LetterOne, said. In January, Russian media reported that another Russian tycoon, Alisher Usmanov, h
Read more »