Uber bags $200m for emerging destinations driveNews / TechnologyBy Linda Fox | February 16, 2016Share This article was originally published on More funding for Uber as the ground transportation company gets a $200 million strategic investment from LetterOne.According to a statement the Luxembourg-based investment firm specialises in emerging markets around the world. In the statement Uber chief executive Travis Kalanick says:"L1’s knowledge of emerging markets will be crucial in helping us make cities more accessible, opening up more possibilities for riders and more opportunities for drivers.”The investment firm is looking to invest in "late-stage technology growth opportunities globally over the next couple of years" and has earmarked between $2 and $3 billion.L1 Technology's managing partner Alexey Reznikovich says:"Digitalisation is creating opportunities globally for new digital businesses to provide innovative forms of customer orientated services, and for existing businesses, and for many sectors, to reinvent themselves."He adds that the company doesn't want to focus on a specific sector but on "technologies - because they can jump from one sector to another."Related reading:China taxi app funding latest score: Uber 1, Didi Kuaidi 3Lyft wants to pick up uber-large, $1 billion Series DUber reigns with $1.2 billion additional funds, skyrocketing valuationStart your engines: Uber ignites expansion plan with $258 million funding from Google Ventures Uber