Uber to Clear Way for SoftBank-led $10 Billion Investment Round

The Story: CNBC reports that a SoftBank-led consortium of investors seeks to buy $1 billion worth of fresh stock in Uber at its current valuation of about $68.5 billion and another $9 billion in existing stock from other shareholders. The ride-hailing company was reportedly close to being ready on Sunday to finalize the deal. The deal … Continue reading Uber to Clear Way for SoftBank-led $10 Billion Investment Round