SoftBank and Dragoneer have been joined by Tencent, Sequoia Capital and TPG as investors hoping to purchase shares in a secondary transaction.
Internet company Tencent will seek to increase its stake in US-based ride hailing service Uber as part of a secondary transaction, TechCrunch reported today.
A consortium led by internet and telecoms firm SoftBank and Dragoneer Investment is hoping to secure a stake of at least 14% in the process, launched yesterday, with TPG also revealed as being part of the group.
Uber’s China-based peer Didi Chuxing, General Atlantic and DST Global were previously reported to form part of the…
