SoftBank sells Uber shares worth $2bn

114



Japans SoftBank Group has sold $2 billion-worth of shares in Uber, according to a document released Monday, as it took advantage of a surge in the US ride-hailing giants value. An affiliate of SoftBanks Vision Fund sold 38 million shares for $53.46 apiece, according to a US stock filing on Ubers website, though it still



Source: Punch Newspaper