Now Uber planning to raise $500m just so that they can connect shippers and carriers 🙃

This is on top of their acquisition of Routematch, another foray for them to integrate public transit into their Apps.

Funny Story: So there was this company that was launched in Dubai back in 2016 (the CVC I worked for back at the time invested in them too), and they were addressing the “what about trucks with empty loads” situation. They connect trucks (and owners) with empty payloads with brokers and customers. It is different than that traditional sense as it aimed to optimize the usage of their vehicles by not having an empty space on your truck after you’ve delivered the goods.

Something that Uber might set their eyes if these guys play their cards right.