Thursday 28 December 2017

SoftBank seals deal for large Uber stake, trimming valuation


WASHINGTON: Uber and SoftBank announced a deal Thursday allowing the Japanese tech titan to take a large stake in the US ridesharing giant, making a hefty cut in the valuation of the biggest venture-backed startup.

You can read more here: SoftBank seals deal for large Uber stake, trimming valuation

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