Uber seeks $1.25 billion loan deal from investors: Report
US-based ride-hailing startup Uber is reportedly seeking $1.25 billion leveraged loan directly from investors, less than a month after revealing $4.5 billion loss last year. The company will be approaching the loan investors directly to borrow the funds, instead of going through banks, reports added. Uber also took a $1.15 billion loan in 2016 which was arranged by Morgan Stanley.