Uber Sells Stake to SoftBank, Valuing Ride-Hailing Giant at $48 Billion
The deal is a notable drop from the $70 billion valuation Uber once commanded, and is a humbling coda on a rough year for the company, which has been rocked by a series of scandals. [Source]
Publication Date:Origin: nytimes.com
Category: Initial Public Offerings
Topics: scandals, series, rocked, which, company, rough, humbling, commanded, valuation, billion, notable, Billion, Giant, Ride-Hailing, Valuing, SoftBank, Stake, Sells
Source: https://www.nytimes.com/2017/12/28/technology/uber-softbank-stake.html?partner=rss&emc=rss