Hedge fund manager Bill Ackman takes $2.3bn stake in Uber

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Active investor Bilman took over $ 2.3 billion at Uber of Tourism Company, the price of what he said was raised in “mass discount”.

Ackman announced the new shares of Uber weaker than expected The earnings of the fourth quarter this week, but what he demanded was a “$ 1tn-Plus opportunity” that autonomous vehicles could be revolutionized than to disrupt his business.

On Friday, the company’s fund closed 6.6 percent higher, providing a market capitalization of almost $ 160 billion.

“We believe that Uber is one of the best-controlled and highest quality businesses in the world,” the Ackman wrote on Friday, who shows the fence funding capital management.

“It is noteworthy that it can still be obtained for its internal value in a massive discount. This favorable combination of properties is extremely infrequently, especially for a large cap company. “

Parsing Square and Uber did not respond immediately to the requests of comments.

While Akkman said Xkman said that Uber had been “suffering from unknown governance” over the years, he highly assessed CEO Dara Khosrovshak to make the group.

In 2017, Khosrovshadi replaced the Uber co-founder Travis Kalank after he was enslaved by a number of scandals, including the claims that he ruled the organization. Was blinded sexual harassment at work.

Actman said his Helge Fund began to buy Uber’s shares in early January, and the group now owns more than 30 million shares. He made his first contribution to his founding in 2009, and a small stake became easier through the Venture Capital Foundation.

Uber reported its first annual operating profit in February last year, a turning point for silicon valley.

It was in the difficult period of 2019 on its initial public proposal, which was unable to meet the expectations of $ 120 billion. When it showed that, the Uber debut was the first day of dollar dollars for the US company, which was public.

In February last year, Khosrovshaki said that the results are “levied for Uber, proving that we can continue to grow strong beneficial growth.”

The company reiterated its annual yield Last yearAnd aims to integrate autonomous vehicles in his fleet. Last year, it signed a deal with the subsidiaries of the alphabet, and this week the waiting list opened for its self-government cars in Austin, Texas.