Friday, 29 December 2017

Uber valuation falls 30%

Softbank, Dragoneer and other investors are to pay existing Uber shareholders $10 billion for a stake of around 20% in Uber. The deal values Uber at $48 billion compared to the last valuation at which Uber raised money which was $68 billion. It is thought that Softbank will take 15% of the investment with Dragoneer ...

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from Electronics Weekly https://www.electronicsweekly.com/news/business/uber-valuation-falls-30-2-2017-12/

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