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Can Uber seal a deal with SoftBank and Didi Chuxing?

By Aman MalikJoseph Rai

  • 16 Aug 2017

News reports suggest that four investors—Japan's SoftBank, China's Didi Chuxing and investment firms Dragoneer Investment and General Atlantic—are looking to invest in taxi-hailing major Uber.

The investment, however, is subject to a resolution of the conflict between Uber's former CEO Travis Kalanick and the company's key backer, venture capital firm Benchmark.

Will the prospect of a potential investment of $2-10 billion make Kalanick relinquish the board positions he controls? The investment, if it happens, also raises alarm bells for Ola, Uber’s arch-rival in India.

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Since SoftBank is already an investor in Ola, what will this deal mean for India's cab-hailing segment?

Watch the video to know more.

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