Uber Sells $500 Million Stake in Freight Operation

Uber has agreed to sell a $500 million stake of their freight business to New York investment firm Greenbriar Equity Group in a Series A preferred stock financing. Alex talks about the new deal that values Uber’s freight business at $3.3 billion and breaks down why he thinks a three sided marketplace is the best platform opportunity for the freight industry.

This is an excerpt from episode 119 of Winner Take All. Watch the full episode here: youtu.be/Py0Ju5rxQUA

Originally Aired: 10/06/20

Uber sells $500M stake in its freight business as the ride-hailing giant works to conserve cash: techcrunch.com/2020/10/02/uber-sells-500m-stake-in-its-freight-business-as-the-ride-hailing-giant-works-to-conserve-cash/

Subscribe to the Applico YouTube Channel


Filed under: Winner Take All | Topics:

B2B Distribution Technology

Sign up for our weekly newsletter covering B2B technology innovation


Top Posts

  • B2B Chemical Marketplaces and Tech Startups: Landscape and State of the Industry

    Read more

  • Platform vs. Linear: Business Models 101

    Read more

  • Amazon Business – 2020 Report

    Read more

  • Platform Business Model – Definition | What is it? | Explanation

    Read more

  • The Value of Digital Transformation: How Investors Evaluate “Tech”

    Read more