Ola investor SoftBank may buy stake in Uber

Cab-hailing firm Uber Technologies Inc.’s shareholders and board have discussed selling a stake to SoftBank Group Corp and other potential investors, Bloomberg reported, citing people familiar with the matter.

The talks were led by venture capital firm Benchmark, an early investor in San Francisco-based Uber, the report said. It added that a deal could involve fresh capital infusion into the company.

The report also cited a person close to SoftBank as saying that the Japanese telecom and Internet conglomerate had no plans to buy a stake in Uber.


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