{"type":"rich","version":"1.0","title":"What Uber's Massive New Investment Really Means","description":"World domination is expensive. As Uber has pushed its ride-sharing business into 460 cities in 69 countries (and counting), the company has developed an insatiable appetite for new capital. Now, in the largest single investment ever made in a private company, Uber says it's raised another $3.5 billion from Saudi Arabia's Public Investment Fund.\n\nIn the past two years alone, Uber has raised $13.8 billion in private rounds, mostly venture capital and private equity but also convertible debt.","author_name":"TIME's Top Stories","author_url":"https://audioboom.com/channels/3380207-time-s-top-stories","provider_name":"Audioboom","provider_url":"https://audioboom.com","width":480,"height":95,"thumbnail_url":"https://audioboom.com/i/22230549/600x600/c","thumbnail_width":600,"thumbnail_height":600,"html":""}