With Uber's acquisition of Careem officially closing, Uber's global portfolio includes a stake in the leader in every region where they don't operate themselves. • 15% of Didi (China) • 23% of Grab (SEA) • 38% of Yandex (Russia) • 100% of Careem (Middle East)
-
Show this thread
-
Approximate value of Uber's stake in each: • Didi: ~$9B • Grab: ~$3B • Yandex Taxi: $1.5B • Careem: ~$3B Subtract out the above $16.5B of value and the $7B of cash net of long term debt they have and the core business is being valued at ~$30B today.
6 replies 12 retweets 97 likesShow this thread -
Replying to @tanayj
to nitpick a bit, investors often discount equity holdings like this bc of the tax hit they'd take if sold
2 replies 0 retweets 5 likes
Replying to @eringriffith @tanayj
Crazy how undervalued Uber is. Buy buy buy!
11:57 AM - 3 Jan 2020
0 replies
0 retweets
2 likes
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.