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Saudi-Uber Deal Causes a Social Media Storm

posted on: Jun 4, 2016

By Leyal Khalife

Stepfeed

Following Saudi Arabia’s recent $3.5 billion investment in on-demand riding service Uber, some have taken to social media to voice their thoughts on the matter, criticizing the entire deal from start to finish.

Some are doing the math as to how many startups could have been funded with all that money…

Some are speculating, thinking it’s all part of a bigger plan…

While others are wondering why the investment couldn’t have been in a regional company… say Careem?

Some are highlighting Saudi’s investment in home-grown startups…

And pointing out that it isn’t “actually” good for women…

source: stepfeed.com