The funding round makes Uber, which receives a 20% cut on enabled taxi fares, nearly as valuable as LinkedIn, and more valuable than Yahoo after backing out its Alibaba/Yahoo Japan stakes.
GSV Capital (GSVC +4.3%), which has invested in Uber rival Lyft and plenty of other late-stage startups, has received a boost from the report. Google invested in Uber last year at a much lower $3.5B valuation.
In a Q&A, CEO Travis Kalanick notes Uber is now in 128 cities and nearly 40 countries, and is experimenting with an expansion into logistics services. A courier service called Uber Rush was recently launched in Manhattan.