Softbank gets Uber A-OK for $9 BEEELLION investment cash splurge

Softbank gets Uber A-OK for $9 BEEELLION investment cash splurge

7 years ago
Anonymous $ZOEEBQ1zf0

https://www.theregister.co.uk/2017/11/13/softbank_uber_9bn_investment/

Cash-flinging Japanese tech firm Softbank will sink up to ten billion dollars into Uber, following a vote of approval by the taxi app's board.

In addition to the direct purchase of $1bn Uber shares, Softbank also wants to buy out other investors' shares up to a total of $9bn, according to financial newswire Bloomberg.