Uber Now Worth $51 Billion After Latest Round Of Funding, Now Most Valuable Startup In The World

Uber is now valued at $51 billion making it the most valuable venture-backed startup in the world, according to a report Friday. The increased valuation comes after the ridesharing tech company raised another $1 billion in funding.  The San Francisco company's new valuation vaults it past Chinese phone maker Xiaomi, which received a $46 billion valuation last December. Uber's new valuation also ties it with Facebook, which was worth $51 billion just before going public in May...

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