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.
GMT 18:19 2017 Monday ,11 December
Uber's London licence battle set for May/JuneGMT 11:28 2017 Tuesday ,05 December
UK car sales extend slump: industry bodyGMT 16:44 2017 Sunday ,19 November
Driverless, electric future just round the corner for urban carsGMT 11:03 2017 Friday ,10 November
Uber loses employment rights case in BritainGMT 12:46 2017 Friday ,13 October
Uber appeals London decision to pull its licenseRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 13:12 2018 Friday ,12 October
Saudi Arabia opens high-speed railway to public between Makkah and Medina
GMT 13:15 2017 Thursday ,26 January
Wild pandas frequently spotted in China
GMT 07:18 2018 Friday ,05 October
Jordan receives $1 billion from Gulf aid package
GMT 06:31 2017 Thursday ,24 August
Palestinian envoy meets with Swiss Mideast special envoy
GMT 05:38 2017 Tuesday ,02 May
Sheikh Mohammed condoles Ruler of Fujairah on Deputy Ruler's death
GMT 09:51 2017 Friday ,31 March
SpaceX hails 'revolution' after recycled rocket launch, landing
GMT 12:01 2018 Tuesday ,09 January
Bacteria makes blue jeans green
GMT 09:18 2017 Wednesday ,03 May
Celtics win while Warriors rip Jazz in NBA playoffs
GMT 12:12 2017 Monday ,04 December
China and Canada sign trade agreements during Trudeau visit
GMT 11:54 2017 Saturday ,14 October
OPEC expects higher demand for its oil
GMT 14:53 2018 Friday ,30 November
International Day of Solidarity with Palestinian People focus of dailies
GMT 09:36 2018 Thursday ,01 November
Trump says US-Mexico border troops could hit 15,000
GMT 08:35 2018 Wednesday ,24 October
Saudi play gets an Italian twist to round off Italian Language Week
GMT 07:04 2018 Thursday ,11 October
Lifestyle diseases such as cancer reach epidemic levels in Malaysia
GMT 09:04 2018 Wednesday ,26 September
Pakistan will continue to be leading troop contributor to UN peacekeeping
GMT 08:15 2018 Wednesday ,12 September
Us-China Trade Spat Looms Over Regional Wef Meeting
GMT 09:58 2018 Friday ,07 September
Osaka makes history in reaching US Open final
GMT 00:42 2012 Tuesday ,16 October
The Saudi nuclear program
GMT 12:05 2017 Monday ,27 February
Sock takes Delray Beach title as injured Raonic withdraws
GMT 15:14 2017 Thursday ,04 May
EU negotiator denies Brexit bill ‘punishment’
GMT 10:43 2016 Thursday ,17 November
Lionel Messi Voted Best Player of Last 10 Years
GMT 12:33 2017 Tuesday ,03 October
GCC and France discuss cooperation
GMT 08:54 2017 Thursday ,27 July
Russia regrets UNSC refusal to condemn attack
GMT 09:43 2015 Sunday ,12 July
How to decorate a romantic home impressively with candles
GMT 13:52 2016 Monday ,02 May
Rewayat Launches 12 New Novels at Abu Dhabi International Book Fair
GMT 00:38 2017 Monday ,08 May
Israeli forces push deep into Gaza
GMT 11:54 2017 Thursday ,07 September
Gulf Air increases Moscow daily flights
GMT 17:16 2017 Sunday ,19 November
Delhi half-marathon to go ahead
GMT 14:46 2017 Tuesday ,25 April
Zakhamah stresses health sector in Tunisia has a good reputation
GMT 13:27 2017 Thursday ,23 November
Football: FIFA defendants 'blinded by greed,'
GMT 06:12 2017 Monday ,18 December
Uber denied new license in northern
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor