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SoftBank Will Buy at Least 15% of Uber Shares at a Huge Discount from the Original $69 Billion Valuation

Business Insider
  • Employees and shareholders have agreed to sell at least 15% of Uber to SoftBank.
  • SoftBank will buy the shares at a 30% discount.
  • SoftBank may also invest $1 billion in Uber at the company's original $69 billion valuation.

SoftBank is buying as much of 15% of Uber shares at a whopping 30% discount, as first reported by the Wall Street Journal...

Mentions: CEO Uber crisis