Uber
According to Reuters, Beijing November 25 reported that people familiar with the situation, taxi applications Uber plan to promote the company to become a major shareholder of the Softbank Group will be disclosed to investors early next week, Softbank shares in the official tender offer price .
Just last Tuesday, Uber admitted concealing a data breach that took place in 2016, which leaked data on 57 million users and drivers, prompting the global government to launch a crackdown on data breaches and Uber's handling of the matter Investigation.
Informed sources did not say how many investors will receive Softbank's stock offer, nor does it indicate whether the price of the Uber data breach or the government response to the incident decreased.
Investors will have 20 working days to respond to e-mails and letters to be sent by Softbank early next week, according to people familiar with the matter, and Softbank and U.S. investment firm Dragoneer Investment Group agreed on November 12 to lead a consortium to invest up to Uber 100 billion US dollars.
Softbank and others plan to invest UIB from $ 1 billion to $ 1.25 billion directly and then buy up to 17% of the shares from Uber's existing investors and employees. Uber said on Wednesday that the selling shareholders must be qualified investors recognized by US regulators , Holding at least 10,000 Uber shares.
Uber is currently valued at $ 69 billion, the highest valuation among VC-backed start-ups, and Softbank's $ 1 billion in direct investment is expected to sustain the valuation but will buy Uber employees and existing Investors' stock may take up to two weeks to complete.