Uber set to sell $10bn stake to Softbank
Uber
London - Egypt Today
Uber has struck a deal that could lead to a huge investment by a consortium led by Japanese conglomerate Softbank and San Francisco group Dragoneer.
The size of the potential investment has not been disclosed, but reports say it could be up to $10bn (£7.6bn).
The ride-hailing company said the money would fuel Uber's expansion and investments in technology.
But it could transform its corporate structure and see a share listing by 2019, if the deal goes ahead.
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