This means Uber's expansion plans are only set to be rapidly intensified, while also allowing it use the capital to help deal with legal matters on behalf of its drivers in various markets in which it operates.
As far as its expansion plans go, UberEATS, a food delivery service, UberESSENTIALS, an everyday items delivery service, and UberRUSH, a courier service, are expected to expand to a greater number of markets. Reports claim the company is also planning to launch a delivery service for merchants.
Other than that, Uber has been eyeing HERE - Nokia's digital mapping service - and is also investing in a robotics facility that may be used for the development of driverless cars.