Business Psychology

Russian Billionaire Makes Big Investment in Uber

Russian Billionaire Makes Big Investment in Uber, LetterOne, an international investment firm that was established by Russian billionaire Mikhail Fridman, just made a strategic 0 million investment in Uber, the world’s most valuable private startup. The move, which was announced on Friday, is meant to help Uber wade even further into emerging markets. LetterOne was founded in 2013 and is based in Luxembourg. The company has typically focused on telecoms and energy sectors, but recently it has been seeking to invest more in “late-stage technology growth opportunities globally.”

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