Venture Houston 2018
Skip Content

29 December 2017

SoftBank consortium agrees multibillion-dollar Uber deal

SoftBank itself will come out with a 15% stake in Uber as part of a primary and secondary deal that looks set to top $8bn.

Author: Robert Lavine, News Editor

A consortium headed by telecommunications group SoftBank has agreed to buy a stake in US-based ride hailing service Uber sized at roughly 18%, various outlets reported yesterday and today.