PayPal Will Invest About $500 Million in Uber at IPO Price: WSJ

PayPal Will Invest About $500 Million in Uber at IPO Price: WSJ

(Bloomberg) -- PayPal Holdings Inc. will invest around $500 million in Uber Technologies Inc. at the price of the ride-hailing company’s initial public offering through a private placement, the Wall Street Journal reported, citing unidentified people familiar with the matter.

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