SoftBank will invest in Uber up to $ 10 billion
According to the source, the Uber Board of Directors unanimously voted in favor of the transaction with SoftBank and Dragoneer Investment Group. Amount is yet to be finalized, but it is expected that Uber will be invested 8 to 10 billion dollars.
Under the deal, the above investors will receive a 22% stake in Uber. Moreover, this deal will be the largest in the world the sale of the shares of a private company in history.
Interestingly, through its 100-billion Fund company SoftBank has already invested in direct competition with Uber, and now in the company itself-the founder of a new type of taxi service.