Uber is on the verge of its biggest ever funding round after approving SoftBank’s bid to buy a sizeable stake.

The deal looks set to allow Softbank and an array of other investors to buy a US$10 billion stake in the ride-hailing firm, reports Bloomberg this morning.

Here’s how Uber, Softbank, and its rivals stack up after this game-changing investment:

Uber funding history

Uber funding history

Uber funding history

Uber funding history

This post Uber and the ride-hail funding war appeared first on Tech in Asia.

Source link

About the author

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Sign Up for Our Newsletter

Get notified of our weekly selection of news

You May Also Like

How are emerging markets combatting cryptocurrency-related crime?

A record $14bn in digital currencies were transferred to illegal addresses last year, according to blockchain data platform Chainalysis, up 79% on the $7.8bn recorded in 2020.

Thai Cabinet Approves Crypto-Friendly Tax Rules

The new rules will offer traders several benefits, including exemption from value-added taxes, settlement of losses and higher crypto trading activity in Thailand.