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SoftBank Mulls Uber Or Lyft Investment

by reuters.com posted 1year ago 576 views
<p data-reactid="40">SoftBank Group Corp, a prolific investor in global technology startups, reported a sharp rise in quarterly profits and said it would be interested in parking funds in ride-hailing firms Uber Technologies&nbsp;or Lyft Inc in the future.</p> <p data-reactid="41">This is the first time Softbank has publicly indicated an interest in Uber, after having so far put funds into its rival Grab in Southeast Asia and China&#39;s Didi Chuxing. Last month, a media report said Uber shareholders and its board were mulling a stock sale to SoftBank and other investors.</p>