Russian Billionaire Fridman's Fund Invests $200 Million in Uber

  • LetterOne got $14 billion from selling oil business in 2013
  • Fridman with partners holds stakes in VimpelCom, Turkcell

Russian billionaire Mikhail Fridman’s investment vehicle LetterOne invested $200 million in Uber Technologies Inc., betting in ride-hailing technology after selling billions of dollars worth of oil assets.

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