Friday, August 23, 2013

Google invests $250M in Uber ride-share service

Google invests $250M in Uber ride-share service

The number of people who haven't yet heard of the transportation/technology startup Uber is shrinking by the minute. Uber produces a mobile application that is used to connect passengers with drivers of vehicles for hire, typically luxury vehicles – kind of a high-tech, high-zoot taxi calling service. Use of the app may be spreading gospel of Uber within urban centers, but the company is also generating tremendous buzz for sourcing massive investment, including a reported $250 million sourced from Google Ventures.

Autoblog , Google invests $250M in Uber ride-share service, Google invests $250M in Uber ride-share service

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