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SoftBank Interested In Buying Massive Stake In Uber

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Japan’s SoftBank is interested in investing billions in Uber, though it’ll only make that move when the company has a new CEO, reports The Wall Street Journal. If its plan is successful, SoftBank will end up with a multi-billion dollar stake in the ridehailing company.

This would mark the fourth significant investment by SoftBank in a taxi-like company. It has also pumped money into Grab, Didi Chuxing, and Ola.

Uber has reportedly discussed selling shares to the company and other investors, according to a Bloomberg report earlier this month.

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