Uber founder Travis Kalanick has reportedly raised $400 million for his next act from Saudi Arabia. He'll be competing directly with his old company.

Uber's ousted founder, Travis Kalanick, quietly raised $400 million from Saudi Arabia for his food-delivery startup in January, The Wall Street Journal reported on Thursday.
It's the first known investment by the kingdom since the murder of the American journalist Jamal Khashoggi last year.
Delivery-only restaurants are a hot topic right now not only with startups but with Kalanick's former employer.
Visit Business Insider's homepage for more stories.Travis Kalanick, the ousted founder of Uber,