Uber has closed a new round of funding that values the online ride-hailing company at nearly $51 billion, the Wall Street Journal reported, citing people familiar with the matter.
Uber raised close to $1 billion in the round, bringing its total funding to more than $5 billion, the Journal reported on Friday, citing one of the people.
Investors in the latest round include Microsoft and Indian media conglomerate Bennett Coleman & Co's Times Internet, the report said.
Yet Bloomberg, citing a person with knowledge of the matter, reported Microsoft was considering the investment and hasn't made a final decision.
"We filed to authorise this new funding more than two months ago," Kristin Carvell, a spokeswoman for Uber, said in an e-mail. "We aren't commenting on additional speculation," she said.
Uber said in March that Times Internet would invest "well under" one billion rupees ($16 million) as part of a "strategic partnership".
Times Internet is the digital arm of Bennett Coleman & Co, which also runs India's largest English language daily, Times of India.
Uber said on Thursday that it would invest $1 billion in India over the next nine months as it looks to expand its services in its biggest market outside the United States.
Uber, which operates in 57 countries, already has investors such as Google and Alibaba.
Times Internet could not be reached for comment outside regular business hours. Microsoft declined to comment.
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