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:
This post Uber and the ride-hail funding war appeared first on Tech in Asia.
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Zhong Li is a tech journalist who covers the latest developments in artificial intelligence, robotics, and biotechnology. Zhong Li is passionate about exploring the ethical and social implications of emerging technologies.
