Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
SoftBank sells Uber shares worth $2.1 billion: Report
short by Ravi Dutta Mishra / on Thursday, 29 July, 2021
Uber's largest investor, SoftBank, is selling stake worth $2.1 billion in the ride-hailing firm in a block trade through Goldman Sachs, Bloomberg reported. SoftBank’s stake in Uber is now down to less than 100 million shares, reports said. SoftBank is also a significant investor in Chinese DiDi Global, which saw its share price tumble following a regulatory crackdown.
read more at Reuters