Uber Seeks $1B for International Expansion Plan

Uber Seeks $1B for International Expansion Plan

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

Uber is planning a major expansion, aiming to raise about a billion dollars. The company operates in 220 cities worldwide and is in early talks with investors to secure more capital for overseas growth. CEO Travis Kalanick seeks a higher valuation than the $17 billion achieved in June. Despite being one of the highest valued companies in the US, Uber faces opposition from traditional cab and limousine companies due to increased competition.

Read more

2 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of new funding for Uber's expansion plans?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges is Uber facing from existing companies in the industry?

Evaluate responses using AI:

OFF