Uber to send out tenders on SoftBank deal early next week

Uber Technologies Inc. plans to move ahead using a deal to bring in Japanese technology company SoftBank Group Corp. as a major investor by disclosing the terms early next week in formal tender offers to the ride-hailing service’s investors, two people familiar with the plans said on Friday.

The move to start the tender next week follows Uber’s disclosure on Tuesday that will that will covered up a 2016 breach which compromised data of some 57 million customers in addition to drivers. that will revelation prompted governments around the entire world to launch probes into the breach in addition to Uber’s handling of the matter.

Leave a Reply

Your email address will not be published. Required fields are marked *


eighteen − thirteen =