A consortium including SoftBank and Dragoneer have agreed an investment plan that will involve them buying upwards of $8bn of Uber shares.
Telecommunications and internet group SoftBank has agreed an investment in US-based ride hailing service Uber that will be sized in the billions, TechCrunch reported yesterday.
Uber’s platform has been responsible for more than 5 billion rides since the company was founded in 2009, and the company is present in more than 80 countries worldwide. It had raised $11.5bn in financing prior to the latest deal.
Reports last month stated that SoftBank was set to lead an $8bn to $10bn secondary…
