did not specify when it bought the shares or what stake it had
acquired in the firm, which has previously raised more than $5
billion in several financing rounds.
"We believe that Uber's highly talented management team
possesses the necessary vision and skills to build the company
into one of the world's preeminent technology businesses,"
Fridman, who is the chairman of LetterOne, said.
In January, Russian media reported that another Russian tycoon,
Alisher Usmanov, had invested several tens of millions of
dollars in Uber in the summer of 2015.
(Reporting by Maria Kiselyova; Editing by Alexander Winning)
[© 2016 Thomson Reuters. All rights
Copyright 2016 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.