Uber will soon redeem for a record amount

The Japanese company plans to buy back known carrier.

Japanese telecommunications company SoftBank Corp. intends to occupy a dominant position on the market for online taxi booking, planning of investment in Uber Technologies Inc.

According to sources, SoftBank has approached Uber with a proposal to buy a stake in it valued at several billion dollars.

SoftBank is a big investor for three of the largest Asian companies online taxi Singapore GrabTaxi Holdings Pte., Indian Ola and China Chuxing Didi Technology Co.

Monday, July 24, it became known that SoftBank and Didi Chuxing provided Grab funding in the amount of $ 2 billion.

According to WSJ sources, the talks between SoftBank and Uber are in the early stages, and a decision on the proposal by Softbank would in any case be deferred pending the appointment of a new CEO of Uber, which is not worth the wait in the coming weeks.

We will remind that as a result of the merger of Yandex.Taxi and Uber in several countries of the CIS, the Russian company Yandex will become the co-owner of global business Uber.

Earlier, the Russian company Yandex and Uber announced the merger of the business of the taxi. The company decided to combine services and business in Russia and also in Azerbaijan, Armenia, Belarus, Georgia and Kazakhstan. The total business was estimated at $ 3700000000.

© 2017, paradox. All rights reserved.