US Markets

Uber's freight unit to buy Transplace for $2.25 bln

Credit: REUTERS/Hannah McKay

Uber Technologies Inc said on Thursday its freight unit will buy transportation logistics company Transplace for about $2.25 billion.

July 22 (Reuters) - Uber Technologies Inc UBER.N said on Thursday its freight unit will buy transportation logistics company Transplace for about $2.25 billion.

(Reporting by Tiyashi Datta in Bengaluru; Editing by Aditya Soni)

((tiyashi.datta@thomsonreuters.com;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

UBER

Latest Markets Videos

    Reuters

    Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV.

    Learn More