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flag Pershing Square invests $2.3 billion in Uber, betting on its growth and autonomous vehicle potential.

flag Bill Ackman's hedge fund, Pershing Square, bought a $2.3 billion stake in Uber, highlighting the company's growth and potential in autonomous vehicles and advertising. flag Uber has expanded its user base to 171 million and diversified into food delivery and logistics. flag However, investors should be cautious due to potentially misleading financial metrics and the need to carefully assess Uber's valuation.

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