Uber gets $500m loan from Citibank, Naspers heads to $1bn

Uber’s acquisition of the taxi-hailing company Citibanks (C) and the purchase of a stake in Chinese data platform Naspers are part of a broader restructuring of Uber that could increase the company’s value.Uber will take a $500 million loan from the financial services giant CitibANK.The deal is expected to close by the end of the year, according to people familiar […]