Saudi signals new investment strategies in $3.5 bln Uber deal – Reuters

… * Signature deal for revamped Saudi sovereign fund. * Move away from conservative, low-profile investment. * Aiming for higher returns. * Uber also ties in with economic reform strategy. * Widely used by working women. By Andrew Torchia and Katie Paul.
Term Sheet — Thursday, June 2Fortune
Uber Investments and Personal TimeBloomberg
With Its Big Uber Investment, Saudi Arabia Seeks To Tackle Multiple Political ProblemsForbes
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