rich 1.0 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. In the past two years alone, Uber has raised $13.8 billion in private rounds, mostly venture capital and private equity but also convertible debt. TIME's Top Stories https://audioboom.com/channels/3380207-time-s-top-stories Audioboom https://audioboom.com 480 95 https://audioboom.com/i/22230549/600x600/c 600 600 <iframe width="100%" height="95" src="https://embeds.audioboom.com/posts/4643740/embed?v=202301" style="background-color: transparent; display: block; padding: 0; width: 100%" frameborder="0" allowtransparency="allowtransparency" scrolling="no" title="Audioboom player" allow="autoplay" sandbox="allow-downloads allow-forms allow-popups allow-same-origin allow-scripts allow-storage-access-by-user-activation allow-top-navigation-by-user-activation"></iframe>