Soft Bank will invest in Uber

in #news9 years ago

It is said in a statement of the company that if the minimum amount of share price and shares are not satisfactory for the Soft Bank Group, Soft Bank Group can not invest in it.

This week, the app-based car service provider said that the planned deal with Soft Bank and the Dragon Group investment group is moving forward. Two people involved in the matter said that according to the agreement, one billion dollars can be invested up to US $ - news Reuters.

In addition to the $ 100-1.5 billion US dollar investment in Soft Bank and drugenararera also have the following. In return, Uber shares will buy up to 17 percent of the shares of the two companies.

Before this, China's Ride Sharing Services has been invested in India and India's Ola invested in this technology and telecommunications company.

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@escapingculture Good catch! Upvoted. Will follow. Kindly pay me a visit and follow.

This post has received a 20.00 % upvote from @sleeplesswhale thanks to: @withsmn.

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