Home / Tech News / Uber confirms SoftBank has agreed to invest billions in Uber

Uber confirms SoftBank has agreed to invest billions in Uber



The paperwork’s done! The long-anticipated SoftBank investment into Uber has been agreed upon, a spokesperson confirms to TechCrunch.

We’ve been provided the following statement.

“We’ve entered into an agreement with a consortium led by SoftBank and Dragoneer on a potential investment. We believe this agreement is a strong vote of confidence in Uber’s long-term potential. Upon closing, it will help fuel our investments in technology and our continued expansion at home and abroad, while strengthening our corporate governance.”

 

 

Featured Image: SAM YEH/AFP/Getty Images/Getty Images (IMAGE HAS BEEN MODIFIED)



Source link

About admin

Check Also

pact-coffee-stephen-rapoport.jpg

Pact Coffee founder steps down from CEO role as London startup looks to B2B for growth

Pact Coffee, the U.K. subscription service that delivers freshly roasted “specialty coffee” to your door, ...

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>