Uber's Ex-CEO Kalanick Scores $400 Million for Startup: WSJ - Bloomberg:
Travis Kalanick’s secretive new food startup took $400 million of funding from Saudi Arabia’s Public Investment Fund, the Wall Street Journal reported, citing people familiar with the matter it didn’t identify.
The financing valued the ex-Uber Technologies Inc. chief executive officer’s CloudKitchens at about $5 billion, according to the report, which said the deal was completed in January.
A spokesman from PIF declined to comment.
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