SoftBank dumps its entire stake in Uber
#1

PUBLISHED MON, AUG 8 20229:14 AM EDTUPDATED 6 HOURS AGO

Arjun Kharpal


  • SoftBank said that it sold its Uber holdings at some point between April and July at an average price of US$41.47 per share.
  • SoftBank invested in Uber in 2018 and last year sold about a third of its stake in ride-hailing firm, CNBC reported. It has now offloaded whatever shares it still held.
  • The move comes after SoftBank’s Vision Fund, its technology investment vehicle, reported a 2.93 trillion Japanese yen (US$21.68 billion) loss for the June quarter, one of its highest on record.



https://www.cnbc.com/2022/08/08/softbank...mount.html
Reply


Forum Jump:


Users browsing this thread: 1 Guest(s)