What Uber's IPO tells us about SoftBank's big ride-hailing bet3 min read 09 May 2019, 09:25 AM IST
Uber is set to price its initial public offering at the top end of the targeted range, which would value the company at almost $84 billion
Masayoshi Son’s stake would be worth almost double the $7.7 billion he paid little more than a year ago
As Uber Technologies Inc. prepares for its mammoth initial public offering later this week, no one has more on the line in the ride-hailing business than Masayoshi Son. The Japanese entrepreneur has bet $18 billion on the sector by taking stakes in the U.S. pioneer and three similar startups.
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